Euro in soft start to the new week

An ugly start to the new week for global markets has meant investors have cut back exposure to equities and opted for cash, driving demand for the the U.S. Dollar which remains the world's default reserve currency.

December 21,2020

The Euro-to-Dollar exchange rate broke to near three-year highs last week but will be vulnerable over the coming days to profit-taking in illiquid holiday markets, with Brexit negotiations and escalating coronavirus containment efforts serving as just two potential catalysts for a correction. 

December 20,2020

Euro Dollar forecast 2021

With the Euro rapidly running higher against its North American counterpart, numerous analysts have seen their 2021 forecast targets hit before 2020 has ended, forcing many into a rethink.

December 17,2020

Foreign exchange traders

A secular downtrend in the Dollar makes buying the Euro and selling the Dollar a winning trade over coming months, say foreign exchange strategists at Crédit Agricole.

December 14,2020

The Euro-to-Dollar exchange rate enters the new week with fundamental and technical analysts tipping an advance toward new 2020 highs after the single currency succesfully navigated a wave of political and policy flak.

December 13,2020

The Euro-Dollar exchange rate cheered on Thursday after the European Central Bank (ECB) carried out a widely anticipated recalibration of its monetary policy settings while saying little about recent gains made by the Euro, indicating that currency strength may no long be such a strongly felt concern at the bank.

December 10,2020

Euro note

The European Central Bank (ECB) will today make decisions on Eurozone interest rates and quantitative easing settings, but they will almost certainly be asked questions about the strengthening Euro.

December 10,2020

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