EUR/USD short-term technicals positive, but some analysts see risks of a turn lower again.
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Danske Bank is steadfast in its forecast that the Euro will move lower against the Dollar, taking it comfortably below parity during the course of the coming months.
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The Euro has pushed to its highest level since the 1st of July on Tuesday, and further gains all the way to 1.10 cannot be ruled out says a major European bank.
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EUR/USD could extend its near-term recovery over this coming week say analysts, although many remain of a view the market is witnessing a technical position clear-out and not necessarily the start …
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The Euro to Dollar exchange rate rose to 1.0167 in the hours following the release of softer-than-expected U.S. inflation data, its highest level since September 13.
Read more … →Investors can expect the dollar surge to likely continue well into 2023.
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The Euro to Dollar rate entered the new week on the front foot but may have scope to build on its recovery in the days ahead, with an approach of three-month highs around the 1.02 possible, if this…
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