The Euro-Dollar rate was on its front foot Wednesday but could rise even further next year, potentially reversing the 2015 decline induced by the European Central Bank (ECB) quantitative easing according to some forecasters, although first EU leaders will need to extinguish a pair of political panfires.

December 9,2020

The Euro-to-Dollar rate achieved a new milestone last week when reaching its highest level since early 2018 but overhead resistance on the charts and series of political panfires risk cancelling or otherwise curtailing the single currency's Christmas celebrations in the week ahead. 

December 6,2020

The Euro-to-Dollar rate was on course to complete a hat-trick of gains on Thursday after reaching a fresh two-year high in the process but conviction among some buyers is waining just as nearby technical resistance threatens to act as a temporary roadblock for the single currency. 

December 4,2020

Euro to Dollar rate outlook

Fawad Razaqzada, Market Analyst at ThingMarkets, tells us where the Euro-Dollar exchange rate could be headed next, now that it has broken through the 1.20 barrier.

December 3,2020

Euro Dollar forecast 2020

The Euro-to-Dollar exchange rate enters the final month of 2021 by knocking on the door of the psychologically significant 1.20 area, however analysts at two investment banks we follow say patience is urged and that a concerted move above 1.20 is still a story for 2021.

December 1,2020

Morgan Stanley

Foreign exchange strategists at Morgan Stanley are looking to buy dips in the euro-dollar exchange rate in 2021, but they warn the exchange rate's approach of the 1.20 level might elicit a response by the European Central Bank in the near-term which could make the path higher prone to near-term volatility.

November 30,2020

The Euro-to-Dollar exchange rate closed its strongest week in four on Friday after overcoming important technical obstacles on the charts but but faces further nearby impediments to upside and a deluge of economic data as well as central bank speeches that could slow the single currency's ascent this week.

November 30,2020

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