EUR/USD breached the 1.09 level after U.S. Federal Reserve speakers confirmed it was appropriate to retain a cautious and deliberate approach to cutting interest rates.
October 15,2024
EUR/USD is forecast to test the 200-day Moving Average as sellers look forward to Thursday's European Central Bank interest rate cut.
October 14,2024
The Euro looks set to stay under pressure against the Dollar as the ECB gears up for another interest rate cut, while the Federal Reserve shows it will carefully consider future developments.
October 10,2024
The Euro to Dollar exchange rate is forecast to see further losses in the coming days and weeks, with one saying a return to 1.0780 is not impossible.
October 8,2024
The Euro to Dollar exchange rate (EUR/USD) risks further losses in the coming days, however, downside momentum will likely fade.
October 7,2024
The US dollar has strengthened for a fourth consecutive day, sending the EUR/USD down for the fifth session.
October 3,2024
EUR/USD is on course for a third consecutive daily decline, helped along by an undershoot in September's inflation numbers from the Eurozone and diverging central bank communications.
October 1,2024
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