Euro-Dollar tumbled on Fridayin a likely response to multiple headwinds, although propsective dip buyers were already waiting in the wings in anticipation of a stabilisation and recovery that is expected to unfold over the coming weeks.
March 15,2021
The Euro-to-Dollar exchange rate remained above the 1.19 handle and in the black for the session on Thursday after being neither shaken nor stirred by a European Central Bank (ECB) commitment to be more flexible in its government bond purchases so as to limit the economic impact of upward pressure on yields.
March 15,2021
The European Central Bank (ECB) policy meeting, which is due to conclude in Frankfurt today, could prompt a rebound in the single currency we are told.
March 11,2021
The Euro-to-Dollar rate rose back above 1.19 on Tuesday after finding a footing near a major technical average in the prior session and as the Dollar declined broadly alongside U.S. bond yields, while analyst forecasts still suggest the single currency could extend last year's rally from next quarter.
March 9,2021
The Euro-to-Dollar exchange rate fell to three month lows last week where it could seek to stabilise over the coming days after an inferno in the bond market lifted the greenback and weighed on other currencies, although yields remain a threat to the Euro ahead of Thursday's European Central Bank (ECB) decision.
March 7,2021
EUR/USD has made a convincing break below the key 1.20 level driven by a surge in U.S. Dollar buying, after Fed Chair Powell failed to directly address a surge in U.S. bond yields.
March 5,2021
The European Central Bank faces a reckoning with bond markets say analysts at French investment bank Natixis who argue in a new client briefing that it will have to send a strong message to markets next week.
March 4,2021
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