The European Central Bank (ECB) is unlikely to be supportive of the Euro when it meets on September 14 according to one analyst we follow who has assessed the foreign exchange landscape following the release of stubborn Eurozone inflation data.

September 8,2023

"Euro-dollar is likely to come under selling interest if U.S. data revive Fed hike expectations, but the pair’s fate will not only depend on the U.S. data," says Charalampos Pissouros, Senior Investment Analyst at XM.com.

August 30,2023

The Euro to Dollar exchange rate found support above its July lows early in the new week but the interplay between European economic data and China’s currency policy could be as important an influence on EUR/USD as the words of the world’s central bankers spoken from Jackson Hole, Wyoming over the coming days. 

August 22,2023

The Euro to Dollar exchange rate entered the new week at one-month low but could find itself supported above nearby levels in the days ahead if the Euro-Renminbi pair continues to climb and U.S. economic data further suggests a ‘soft landing’ of the economy, though Chinese data might be a downside risk for the single currency.

August 14,2023

The Euro-Dollar exchange rate was unable to hold onto post-U.S. CPI inflation gains as U.S. bond market dynamics underscored ongoing USD support, writes Marios Hadjikyriacos, Senior Investment Analyst at XM.com.

August 11,2023

The foreign exchange market appears highly confident of another downside surprise from Thursday's CPI inflation release, suggesting risks are skewed to the downside in the event data prints hotter than expected.

August 10,2023

The Euro to Dollar exchange rate trades within the upper end of its year-to-date range but while the technical backdrop on the charts hints at an uncertain outlook, the path ahead for the single currency could become clearer with the release of U.S. inflation figures for July later in the week. 

August 8,2023

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