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It is too soon to bet against the Euro with Thursday's European Central Bank policy meeting likely to keep the door open to another interest rate hike in September, according to an analyst we follow.
July 25,2023
The Euro to Dollar exchange rate entered the new week under pressure and likely at risk of deeper losses if a hawkish Federal Reserve (Fed) statement on Wednesday is followed by a more cautious European Central Bank (ECB) monetary policy update on Thursday and further indications of a deteriorating continental economy.
July 24,2023
The Euro to Dollar exchange rate has seen its uptrend stall amidst increased investor nerves ahead of next week's ECB and Federal Reserve decisions says Charalampos Pissouros, Senior Investment Analyst at XM.com.
July 20,2023
New technical analysis from City Index shows the Euro to Dollar exchange rate (EURUSD) can retreat in the near-term ahead of an extension of the broader rally, with a rare 'harmonic butterfly technical pattern being observed.
July 20,2023
The Euro to Dollar exchange rate is lower midweek amidst a broadly stronger Dollar, but Charalampos Pissouros, Senior Investment Analyst at XM.com looks for further outperformance in this pair.
July 19,2023
Strategists at Barclays see diminishing value in chasing the Euro higher from current levels.
July 18,2023
The Euro to Dollar exchange rate entered the new week at its highest since the invasion of Ukraine but technical resistances near and above 1.1273 on the charts could frustrate the recovery without either deeper losses for the Renminbi or a sustained rally from risky assets in the days ahead.
July 17,2023
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