Euro-Dollar News Directory

The Euro-to-Dollar exchange rate was levitating near three month highs to open a holiday-shortened week on Tuesday but could derive further upside over the coming days if Chinese commercial banks go topping up on foreign currencies as they appeared to on Monday.

June 1,2021

Strategists at Westpac have said they are now buyers of the Euro against the Dollar, owing to a slip in the exchange rate in the wake of French GDP numbers.

May 28,2021

The Euro-to-Dollar exchange rate has eroded a key resistance on the charts as its recovery from earlier losses continues, aided by a glacial decline in the greenback and new highs for China’s Renminbi, while the hesitantly slow pace of the move is helping to cultivate more opportunities in neighbouring currencies.

May 26,2021

The Euro is unlikely to make a concerted break above current levels against the Dollar say strategists at TD Securities.

May 25,2021

The Euro-to-Dollar exchange rate entered the new week with a rally that could quickly see 2021 highs come into contention if the single currency succeeds in getting past the nearby 1.2240 level over the coming days, with upside risks if any commodity-inspired appreciation of the Renminbi materialises.

May 24,2021

The Euro-Dollar exchange rate was looking higher from the recently reclaimed 1.22 level on Friday after IHS Markit PMI surveys suggested that key continental industries returned to growth in May, effectively firing the starting pistol on an economic recovery that some analysts see taking the single currency to 1.25 this summer.

May 21,2021