The dollar continued trading in a cautious manner, gaining some ground only against the yen and the franc, while losing the most versus the risk-linked aussie, kiwi, and loonie.
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"Is our EUR/USD target of 1.05 too optimistic?" asks Meera Chandan, FX Strategist at JPMorgan in a recent currency market update.
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The Euro looks set to remain under pressure against the Dollar over a multi-week basis now that it has broken below a key level on the charts, but in a week devoid of Eurozone data Wednesday's U.S.…
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Researchers at investment bank TD Securities have released a 'cheat sheet' that offers some insights into potential targets for the Euro-Dollar exchange rate (EURUSD) on the various outcomes likely…
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Any strength in the Euro to Dollar exchange rate following today's European Central Bank interest rate decision would likely be short-lived, according to research from Bank of America.
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The scales have tipped in favour of another ECB rate increase on Thursday, following media reports that the central bank will revise its 2024 inflation forecasts higher.
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Euro exchange rates were under pressure after the release of some "ugly" German economic data and economists warn the situation is unlikely to improve soon.
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