The Euro-to-Dollar exchange rate recovery from its latest declines could be a slow burning affair if instability in global markets prevents investors from letting go of the greenback, although the single currency had already stepped foot back onto dry land Thursday after finding support around 1.2050.

May 13,2021

The U.S. Dollar rebound should be sold into over the coming days, according to analysts at Commonwealth Bank of Australia, who’re advocating that investors take advantage of the resulting buying opportunities in commodity currencies while insight from Capital Economics suggests that U.S. inflation may already have peaked.

May 13,2021

The Euro-to-Dollar exchange rate was an outperformer alongside a handful of other European currencies on Wednesday amid further declines by the Dollar and after the latest ZEW survey confirmed investors are increasingly confident in the Eurozone’s recovery prospects.

May 11,2021

The Euro-to-Dollar exchange rate entered the new week near its late February highs but could reclaim further lost ground over the coming days now that the global economy is showing signs of shifting into a higher gear and the market has blinked in an attempted stare down of the Federal Reserve.

May 10,2021

The Lira was stable but underperforming other emerging market currencies on Thursday after the Turkish central bank said its cash rate is likely to remain at 19% until a “significant fall” in inflation has been achieved, leaving the Turkish currency at the beck and call of global bond markets.

May 6,2021

The Norwegian Krone lifted from two week lows against the Dollar and Pound on Thursday after the Norges Bank reiterated its intention to begin lifting interest rates later this year, although it continued to make that commitment contingent upon “clear signs that economic conditions are normalising.”

May 6,2021