The Euro-to-Dollar exchange rate reached month highs and was looking to reclaim 1.19 in the final session of the week after data from Eurostat suggested expectations of the Eurozone economy may have become too downbeat following a turbulent start to the current year.
July 30,2021
U.S. Dollar exchange rates were swept lower in across-the-board declines on Thursday after the Federal Reserve (Fed) signalled a slower pace toward a normalisation of its monetary policy and as a recovery in Asian financial markets helped to support international risk appetite.
July 29,2021
The Euro-to-Dollar exchange rate was in the ascendancy alongside perceived safe-haven currencies on Tuesday as global stock markets appeared to follow Chinese indices lower and recently popular currency trades went tentatively into reverse.
July 27,2021
The Euro has weathered recent market turbulence better than many other currencies but may see its resilience tested again this week by the Federal Reserve (Fed), which dominates the currency market agenda ahead of Friday’s eagerly-awaited Eurozone GDP data for last quarter.
July 26,2021
The Euro-to-Dollar exchange rate’s ongoing resilience has divided opinion among analysts as the market’s attention shifts toward July’s policy decision from the Federal Reserve (Fed), which is the next test of whether the single currency can continue to defy the gravitational pull of the greenback.
July 23,2021
The Euro-Dollar rate saw only a tepid rebound on Thursday as the Euro lagged other comparable currencies in capitalising on widespread declines by Dollar following new ‘dovish’ guidance from the European Central Bank (ECB), which confirmed that an age of near-zero interest rates continues to loom over the path ahead for the Eurozone.
July 22,2021
The Euro-to-Dollar exchange rate outlook hangs in the balance ahead of Thursday’s all-important policy update from the European Central Bank, which is pivotal to whether the single currency can sustain itself above nearby support at 1.1777, or if it succumbs to a steadily advancing greenback.
July 19,2021
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