The US dollar extended its free fall.

July 14,2023

 

The Euro to Dollar exchange rate reached its highest level since March last year in the penultimate session of the week but the rally could be at risk of coming undone in the days or weeks ahead if government bond yields, international stock markets and the current trajectory of the gold price are anything to go by. 

July 13,2023

EURUSD rose a per cent to hit a 16-month high at 1.11 following the release of U.S. inflation data.

July 12,2023

The Euro to Dollar exchange rate has been in the ascendency for four consecutive days now. Whether it can make it a fifth depends on the outcome of the midweek release of U.S. inflation data.

July 12,2023

It's been a dreadful month for the US dollar so far, even though incoming data releases continue to reaffirm the superiority of the American economy.

July 11,2023

The Euro to Dollar exchange rate has held most of last month's gains during recent trade but its rebound from late May lows has lost steam and the ebb of momentum might now be likely to leave single currency surfing diminishing capillary waves along the nearby shoreline of 1.08 in the days ahead. 

July 10,2023

The Euro's recent gains against the US Dollar may not be sustained with one analyst cautioning against chasing further appreciation at this stage.

July 7,2023

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