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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
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
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