Peak Dollar strength has passed and the Euro will show bullish traits in the medium-term shows new research from French banking giant BNP Paribas.
May 11,2022
The Euro to Dollar rate has remained close to five-year lows even as market expectations have shifted in favour of a sharp uplift in European Central Bank (ECB) interest rates this year and HSBC says this likely reflects worries about the Eurozone economy and risks of financial fragmentation.
May 11,2022
The Euro to Dollar exchange rate has been unable to escape from near the bottom of its recent trough and entered the new week at risk of further losses that could see the single currency slipping toward some of its lowest levels since the opening half of 2017 over the coming days.
May 9,2022
"For us, the fact that the USD has risen into the rarified levels seen in Mar 2020 is not in of itself a reason to fade it" - Credit Suisse.
May 5,2022
Germany's deteriorating trade balance helps explain the Euro's week flow fundamentals says an analyst at BMO Capital Markets.
May 4,2022
The Euro to Dollar exchange rate entered the new week close to five-year lows following a dire April month but could attempt a corrective rebound in the days ahead if the Federal Reserve (Fed) kicks a quantitative tightening, or QT, can down the road into the summer months.
May 3,2022
The Euro can avoid a fall to parity against the Dollar, although the odds of this are decreasing say analysts.
May 3,2022
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