The attractiveness of the United States as a destination for international capital is unlikely to wane and ensure the Dollar enjoys ongoing demand according to new analysis from Danske Bank, meanwhile analysis from Barclays suggests any upside potential in the EUR/USD exchange rate will be limited.
November 17,2020
A fundamental pillar of support for the Euro in 2020 has been an expectation for European Union member states to come together and agree a joined-up approach to funding the response to, and the recovery from, the covid-19 crisis.
November 16,2020
The Euro-to-Dollar rate could be vulnerable to a correction this week as European Central Bank (ECB) President Christine Lagarde delivers multiple speeches against a darkening economic backdrop and as stock markets struggle to get past their post-March highs.
November 16,2020
The Lira advanced against major currencies on Friday with the Turkish unit having won new advocates within the analyst community ahead of next week's central bank interest rate decision, which the market hopes will bring a return to policy orthodoxy, potentially providing for an ongoing recovery of the fallen currency.
November 13,2020
The Euro-to-Dollar rate rose with stocks and other risk currencies Friday having overlooked an underwhelming third-quarter GDP report that showed the Eurozone recovering faster than the neighbouring UK economy last quarter, although some analysts say that upside could be limited in the short-term.
November 13,2020
The Euro-to-Dollar rate was nursing losses early on Thursday and could spend the coming months confined to a narrow range, according to new and upgraded forecasts from Rabobank, as concerns about the economy, European Central Bank (ECB) monetary policy and vaccine logistics keep it from new highs.
November 12,2020
Turkey's troubled Lira was on course for its best week since the middle of 2018 on Wednesday after remarks from President Recep Tayyip Erdogan seemingly suggested that large interest rate hikes are on the way, although other recent rhetoric indicates that only that investors may just have selective hearing.
November 12,2020
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