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The Euro to Dollar rate tumbled heavily last week before coming within a whisker of parity but it rallied smartly in time for the weekend close and could now be set to defy gravity by trading buoyantly above a tentative bottom around roughly the 1.0020 level in the days ahead.
July 11,2022
The Euro narrowly avoided a brush with the psychologically significant level of parity against the Dollar in the final session of the week but was last seen struggling to fend off an advancing greenback after U.S. non-farm payrolls figures surprised on the upside of market expectations for June.
July 8,2022
The probability of the Euro falling to parity against the Dollar have risen says ING, and when it happens the foreign exchange market will likely witness fireworks.
July 7,2022
Mensur Pocinci, Head of Technical Analysis at Julius Baer, the Swiss bank, says he is inclined to favour further downside.
July 6,2022
The Euro fell 1.47% against the Dollar on Tuesday and is left vulnerable to further losses says analyst Fawad Razaqada of City Index.
July 6,2022
Deteriorating trade dynamics to weigh on EUR/USD, can go lower to 1.02 says Lombard Odier.
July 5,2022
The Euro to Dollar exchange rate crumpled back near to recent five-year lows last week and might risk remaining under pressure near to those levels in the days ahead unless the U.S. currency falters further in the wake of its Friday stumble.
July 4,2022
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