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The Euro to Dollar exchange rate extended its advance following the European Central Bank (ECB) decision to maintain key lending rates at existing levels and issue guidance that poured cold water on expectations for imminent interest rate cuts.
December 15,2023
Dollar traders are likely sitting on the edge of their seats in anticipation of the U.S. CPI numbers just a day before the Fed announces its last monetary policy decision for the year.
December 12,2023
EURUSD short-term outlook deteriorates, ECB in focus on Thursday, look for pushback against cuts.
December 11,2023
The Euro-Dollar could recover lost value if the European Central Bank (ECB) next week pushes back against rising expectations for interest rate cuts.
December 8,2023
The Euro to Dollar exchange rate (EURUSD) looks set to struggle in 2024 and could disappoint those looking for a material fall in the Dollar.
December 7,2023
The Euro to Dollar exchange rate has extended its pullback from November highs as ECB rate cuts are discussed, and the Greenback ignores soft job opening data, says Charalampos Pissouros, Senior Investment Analyst at XM.com.
December 6,2023
Bank of America's 2024 forecasts confirm it is more bearish on the U.S. Dollar than the consensus, with analysts saying Federal Reserve interest rate cuts "matter more for the market" than cuts at other central banks.
December 5,2023
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