Europe's single currency was treading water against the Dollar but declined against a majority of its other major counterparts even as stock markets advanced amid an upbeat investor mood that was resilient to a creeping encroachment of new coronavirus restrictions on city and state economies in the U.S.

November 20,2020

The leaders of the European Union's 27 member states are not only meeting on Thursday to discuss the status of post-Brexit trade negotiations, but to thrash out a potential solution to save the EU recovery fund agreed in mid-2020.

November 19,2020

The Lira leapt higher against the Dollar, Pound and Euro on Thursday after the Central Bank of the Republic of Turkey (CBRT, TCMB) raised interest rates and announced a landmark shift in how it sets policy, placing the Turkish currency on course to reverse its summer sell-off, according to some analysts. 

November 20,2020

The Lira was steady against major currencies on Wednesday even after reported remarks from President Recep Tayyip Erdogan that appeared to cast doubt over the country's interest rate outlook ahead of central bank meeting that is of the utmost importance to the outlook for the Turkish currency. 

November 18,2020

The Euro-to-Dollar exchange rate sat out an advance among risk currencies and other assets Wednesday but could be susceptible to further underperformance as the threat of a U.S.-style Brussels shutdown over the EU budget looms large, which has led some analysts to advocate selling the single currency. 

November 18,2020

The attractiveness of the United States as a destination for international capital is unlikely to wane and ensure the Dollar enjoys ongoing demand according to new analysis from Danske Bank, meanwhile analysis from Barclays suggests any upside potential in the EUR/USD exchange rate will be limited.

November 17,2020