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EUR/USD little changed for the week in the final session of trading and with selling pressure having ebbed it could now be set for a period of consolidation within a narrow range, according to some strategists.
December 3,2021
Foreign exchange strategists at Credit Suisse are holding onto their view that the Euro will head lower against the Dollar, saying the Federal Reserve won't "bail out investor sentiment".
December 2,2021
The foreign exchange market is torn between competing drivers: risk-on/risk-off and global interest rates differentials and the latter will win out says HSBC.
December 1,2021
Federal Reserve Chair Jerome Powell sent a lighting rod through financial markets on the final day of November when he said he no longer expects inflation to be temporary.
December 1,2021
The Euro-Dollar exchange rate ended last week with a steamrolling rally alongside the safe-haven Swiss Franc and Japanese Yen but could struggle for further traction over the coming days if global markets stabilise and as coronavirus related risks mount on the European continent.
November 29,2021
“Pre-existing economic and geopolitical backdrop heading into the Nu variant, the balance of risks over the next 1-2M, and the potential for a shift to 'phase 2' in the USD, should eventually open the door to selling opportunities in EURUSD spot” - BMO Capital.
November 26,2021
EUR/USD pressuring support at 1.1292, 1.1248 and risks unravelling to 1.10 without a USD retreat.
November 22,2021
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