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
But is this a game changer, or a mere hiccup in the dollar’s downtrend? Could the EUR/USD bounce back anyway?
January 7,2021
The Euro was in retreat from close to three-year highs against a steadier Dollar on Thursday after inflation and retail sales figures from the Eurozone disappointed the market, while investors weighed a shifting U.S. political landscape and disorder in Washington.
January 8,2021
Foreign exchange strategists at Credit Suisse are looking to buy exposure to the Euro on any weakness, viewing the Democrat win in the Georgia Senate race as an additional supportive development.
January 7,2021
The Euro-to-Dollar exchange rate (EUR/USD) got the new year off to a flying start by climbing over a percent to 1.23, but the rally could be reaching its zenith according to one foreign exchange strategist we follow.
January 5,2021
The Euro jumped by over half a percent against the Dollar at the start of 2021, with gains coming amidst a rise in global stock markets and commodity prices which hinted at a confident mood amongst investors just hours ahead of a critical vote for two senate seats in the U.S. state of Georgia.
January 4,2021
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