The Euro to Dollar exchange rate has reversed much of its July rally but is underpinned by a dense cluster of technical supports immediately below the market and could have scope for a recovery to 1.1150 this week European inflation figures and U.S. labour market measures permit.
August 1,2023
Analysts are scouring the charts for clues as to what the European Central Bank's most recent guidance and decision means for the Euro's outlook against the Dollar.
July 28,2023
The Euro to Dollar exchange rate entered the final session of the week testing a key support level underpinning its June rally on the charts while potentially risking losses toward 1.0900 or below if inflation figures go the right way for the European Central Bank (ECB) in some of the continent’s largest economies.
July 28,2023
Euro-dollar rebounded from near the key zone of 1.1010, with traders now awaiting today’s ECB decision.
July 27,2023
The Euro to Dollar exchange rate has declined from 1.1275 to 1.1076 ahead of the dual risk events posed by the Federal Reserve and European Central Bank. Charalampos Pissouros, Senior Investment Analyst at XM.com, tells us what to expect.
July 26,2023
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
Page 64 of 292