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
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
The Euro to Dollar exchange rate climbed back toward 1.07 in the penultimate session of the week after Eurostat figures suggested continental inflation fell further than was expected in a May outcome that could mean the single currency has scope for a rebound toward 1.11 in the weeks ahead.
June 1,2023
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