The Euro to Dollar exchange rate rallied briefly to June highs after official data suggested U.S. inflation is closing in on its target and seemingly reducing pressure on the Federal Reserve (Fed) to raise interest rates further but new forecasts for borrowing costs could yet upset the market on Wednesday.

June 19,2023

The Euro extends a recovery against the Dollar ahead of this week's central bank meetings but analysts at Rabobank are not convinced the recovery will be sustained for a prolonged period.

June 13,2023

The Euro to Dollar exchange rate has rebounded from near three-month lows in recent sessions and entered the new week on the front foot but U.S. inflation figures and interest rate decisions from the Federal Reserve (Fed) and European Central Bank (ECB) are just some of the factors that could undermine its recovery in the days ahead. 

June 13,2023

The Euro to Dollar exchange rate (EURUSD) is still favoured to return back above 1.15, however, near-term Dollar strength will continue to frustrate any major recovery for some time yet.

June 12,2023

EURUSD

After the hawkish tilts from Canada and Australia, investors are once again scaling back their bets for a rate cut by year-end.

June 8,2023

EURUSD is on course to test parity again according to analysis from Capital Economics.

June 6,2023

The Euro to Dollar exchange rate entered the new week near a three-month low but could bottom out on the charts this week if the bilateral interest rate differential stabilises and the single currency succeeds in holding above nearby technical support over the coming days. 

June 5,2023

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