The Euro to Dollar rate has reversed much of its October recovery in recent trade with the help of a Federal Reserve (Fed) that has quashed market speculation about a dovish pivot or softening of the U.S. interest rate stance and left the outlook for the single currency hanging in the balance.
November 3,2022
This is a significant week for global FX, with the Federal Reserve's policy update on Wednesday followed by Friday's all-important U.S. jobs report.
November 1,2022
The Euro remained one of the better performing major currencies this week even after October's European Central Bank (ECB) decision prompted the market to perhaps mistakenly adjust its expectations for interest rates lower.
October 28,2022
Today we get the ECB decision, and another 75bps hike is expected…. so, what are the charts saying ahead of this? EUR/USD has already broken above its 2022 downtrend and back above parity and did so with a decent rally.
October 27,2022
Danske Bank lowers its forecast profile for EUR/USD saying the U.S. Dollar is yet to hit new highs and the Eurozone's trade shock is likely to persist.
October 18,2022
The Euro did better than many others even as it fell to an October low against the Dollar after official data showed U.S. inflation accelerating further in September, inciting a sharp rally in government bond yields and bringing Federal Reserve (Fed) interest rate policy back into focus for the market.
October 14,2022
HSBC has advocated a lower Euro trend for over a year and does not believe it is set to reverse yet.
October 11,2022
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