The Euro was carrying its largest weekly loss for nearly three months on Friday after capitulating previously at what were new multi-year highs for the trade-weighted single currency, only now the Euro-to-Dollar rate may need to see a rally by either the Pound or Chinese Yuan if it is to sustain a meaningful recovery.
January 17,2021
The Krone is already the New Year's best performing major currency thanks to a superior set of economic and financial fundamentals but occasional bouts of weakness in oil price are likely to offer investors further opportunities to buy the Norwegian currency on dips in the year ahead, according to ABN Amro.
January 14,2021
The Euro-to-Dollar exchange rate rally has stalled this last week amid a return of fundamental and technical headwinds that have prompted growing caution among traders, some of whome are now increasingly conscious of a possible setback toward the 1.20 level.
January 14,2021
The Euro-to-Dollar exchange rate was treading water Tuesday after correcting from multi-year highs last week but technical analysts have warned that it could have further to fall in the short-term.
January 12,2021
A Dollar comeback and disappointing vaccine rollout in the EU is expected to push the Euro-to-Dollar exchange rate (EUR/USD) into retreat in the first quarter of 2021, according to analysis from Dutch-based leader and international financial services provider Rabobank.
January 11,2021
The Euro scored a new multi-year high last week before beating a retreat that could turn to a correction over the coming days, according technical analysts at Commerzbank, who've warned of losses that would be most likely if investors continue cashing out of bets against the Dollar this week.
January 11,2021
Foreign exchange analysis from Bank of America suggests the Euro will have already witnessed the majority of its appreciation potential, just days into the new year.
January 8,2021
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