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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
The Euro's rally against the Dollar suffered a setback last week, but the uptrend remains intact from a technical perspective, and a soft U.S. labour market report on Friday could offer a reboot.
December 4,2023
December is traditionally a good month for the Euro to Dollar exchange rate as seasonality tends to be supportive, although the usual caveats apply according to one strategist we follow.
December 1,2023
Euro exchange rates retreated following the release of Eurozone inflation data that verified market bets for a number of European Central Bank (ECB) rate cuts to take place in 2024.
November 30,2023
The Euro to Dollar exchange rate continues to exhibit signs of strength that can see it extend its short-term rally, according to Fawad Razaqzada, an analyst at City Index.
November 28,2023
EURUSD momentum stays positive, further gains to 1.10 possible even as momentum appears to be waning short-term.
November 27,2023
A trader at one of the world's biggest foreign exchange dealers is holding out from buying the Euro-Dollar exchange rate, saying he is holding out for a better entry level.
November 24,2023
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