Europe's single currency benefited from a widespread retreat by the U.S. Dollar ahead of the weekend but its depreciation is not yet over and could yet lead the Euro-Dollar rate to fresh lows in th…
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The Euro to Dollar rate has reversed much of its October recovery in recent trade with the help of a Federal Reserve (Fed) that has quashed market speculation about a dovish pivot or softening of t…
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This is a significant week for global FX, with the Federal Reserve's policy update on Wednesday followed by Friday's all-important U.S. jobs report.
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The Euro remained one of the better performing major currencies this week even after October's European Central Bank (ECB) decision prompted the market to perhaps mistakenly adjust its expectations…
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Today we get the ECB decision, and another 75bps hike is expected…. so, what are the charts saying ahead of this? EUR/USD has already broken above its 2022 downtrend and back above parity and did&n…
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Danske Bank lowers its forecast profile for EUR/USD saying the U.S. Dollar is yet to hit new highs and the Eurozone's trade shock is likely to persist.
Read more … →The Euro did better than many others even as it fell to an October low against the Dollar after official data showed U.S. inflation accelerating further in September, inciting a sharp rally in gove…
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