The Euro to Dollar exchange rate leapfrogged a double-barreled layer of technical resistance on the charts after both official measures of U.S. inflation came in lower than was anticipated by the market for July, leading American bond yields and the Dollar to retreat further from recent highs.
August 10,2022
EUR/USD is forecast to retreat back below the 1.0 level over coming weeks by analysts at Rabobank, the Dutch based international lender and investment bank.
August 9,2022
The Euro to Dollar rate was dealt setbacks from near and afar last week but it’s the risk of a more protracted upturn in U.S. government bond yields that would threaten to push it back toward July’s lows if U.S. inflation figures further incite a still-hawkish Federal Reserve (Fed) this Wednesday.
August 8,2022
Rhine levels perilously low, hampering German economic outlook, provides additional headwinds to EUR.
August 5,2022
Goldman Sachs have cut their forecasts for the Euro relative to the Dollar.
August 3,2022
The Euro to Dollar exchange rate eked out only a fractional gain over a falling greenback during recent days but enters the new week on a firmer footing and could perform better in the period ahead if the single currency navigates successfully a looming gauntlet of U.S. economic data risks.
August 1,2022
A look at the key USD exchange rate charts in the wake of the Fed hike and surprisingly week U.S. GDP release.
July 29,2022
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