The euro is extending its gains today, climbing to a fresh one-year high of $1.1075.
Read more … →The U.S. dollar extended its slide against all the other major currencies yesterday after the March CPI data revealed that headline inflation in the US slowed by more than anticipated.
Read more … →Stock index futures and crude oil also jumped. The EUR/USD neared 1.10.
Read more … →The U.S. dollar traded lower against almost all the other major currencies on Tuesday and continued to underperform on Wednesday as well.
Read more … →The Euro to Dollar exchange rate shifted back onto its front foot and appeared poised for further gains in the opening session of the holiday-shortened week but would likely struggle to advance beyโฆ
Read more … →"I reckon it is a matter of time before the EUR/USD breaks that barrier" - Fawad Razaqzada, City Index.
Read more … →The dollar may have gotten its dusty safe-haven suit out of the closet due to intensifying recession fears.
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