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The Euro to Dollar exchange rate whip-sawed in volatile trade ahead of the weekend after the preferred inflation measure of the Federal Reserve (Fed) confirmed a continued stubborn elevation of price pressures in April while also appearing to highlight robust domestic consumption.
June 19,2023
JP Morgan has downgraded its growth forecasts for China in a development that offers support to the Dollar while weighing on the Euro which is highly sensitive to growth prospects in the world's second-largest economy.
May 25,2023
The underlying question is whether further tightening is on the table, which Fed members currently seem split on.
May 24,2023
The Euro to Dollar exchange rate's correction from year-to-date highs has appeared to peter out in recent trade, leaving intact support levels just beneath the market on the charts, though local economic data and developments across the Atlantic could yet see these tested again this week.
May 22,2023
Valentin Marinov, Head of G10 FX Strategy at Crédit Agricole, has conducted research shedding light on the potential impact of a debt ceiling resolution on the U.S. Dollar (USD).
May 19,2023
"All this is likely to keep the US dollar supported for a while longer" - XM.com.
May 18,2023
Matthew Weller, Global Head of Research at FOREX.com, reports that the U.S. dollar is experiencing a rise against all major rivals, including the Euro, despite the absence of significant U.S. economic data.
May 22,2023
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