The Euro to Dollar exchange rate entered the new week near eight-month highs but with techical resistance and multiple macreconomic event risks lurking on the path ahead the single currency could struggle to extend its recovery much further over the coming days.
January 17,2023
Barclays has raised its forecasts for the Euro to Dollar exchange rate in 2023 but warns the pair could yet end the first quarter lower than at current levels.
January 13,2023
The Euro to Dollar exchange rate rallied to eight-month highs after Bureau of Labor Statistics data showed U.S. inflation easing for a third month running while providing a tentative indication of a possible victory for Federal Reserve (Fed) interest rate policy being in the pipeline.
January 13,2023
EUR/USD has shot to its highest level since June 2022.
January 11,2023
The Euro to Dollar exchange rate entered the new week supported by a rising global market tide that could see nine-month highs around 1.08 traded over the coming days but Thursday's U.S. inflation figures are a potential banana skin for the single currency.
January 10,2023
The Euro to Dollar exchange rate climbed sharply to recover the 1.06 level ahead of the weekend following a mixed bag of U.S. economic figures including another bumper non-farm payrolls report that was follwed by a significant slide in an important indicator of activity in the services sector.
January 9,2023
Dollar exchange rates will continue to churn around current levels ahead of Friday's non-farm payrolls report which will be the currency market's first major calendar event of 2023.
January 5,2023
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