Euro exchange rates could be teetering on the brink of a more notable shift lower as a growing new wave of covid-19 infections grip Eurozone countries, leaving the region's services sector at risk of permanent scarring.
March 25,2021
The Euro-Dollar rate was attempting to pare back steep overnight declines on Wednesday after IHS Markit PMI surveys revealed a record increase in output from the manucaturing sector for this month, offering tentative hope that an economic stabilisation may not be far off.
March 24,2021
The Euro-to-Dollar exchange rate (EUR/USD) is under pressure amidst signs the covid-19 pandemic in the Eurozone is growing, leading to lockdowns and expectations that the bloc will lag others in the economic recovery.
March 23,2021
The Euro-to-Dollar exchange rate has defied its doubters as well as a resurgent U.S. Dollar in recent weeks and could now have material upside ahead of it from Sunday's open in what will likely be volatile trading as the latest developments at the Turkish central bank threaten to plunge the Lira back into crisis.
March 21,2021
Foreign exchange markets are relatively subdued ahead of the week's main market event: the March interest rate decision of the U.S. Federal Reserve.
March 17,2021
Foreign exchange strategists at international investment bank MUFG say there is potential value in selling the Euro and buying Dollars this week, saying a combination of divergent central bank policy and deepening vaccination woes in the Eurozone are behind the call.
March 15,2021
The Euro-to-Dollar exchange rate has slipped into a new and lower recuperation range that could become clearer in the eyes of investors this week if the Federal Reserve (Fed) succeeds in calming the bond market and squeezing a recent build-up of hot air out of U.S. exchange rates.
March 15,2021
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