The Euro-to-Dollar exchange rate rallied on Wednesday as U.S. pre-election politics remained the dominant driver of financial markets although it’s a dearth of homegrown domestic inflation that is the greatest and longer-lived threat to the uptrend in the single currency, Westpac says. 

October 8,2020

Biden win to prompt Dollar weakness

A Joe Biden win in the upcoming November presidential election would likely prompt Dollar weakness, while a win for Donald Trump would likely trigger gains for the currency shows new analysis from Goldman Sachs.

October 7,2020

The Euro-to-Dollar rate has proven resilient amid safe-haven demand for the greenback after President Donald Trump contracted the coronavirus, but it could struggle this week if European Central Bank President Christine Lagarde speaks out against it in any of her multiple scheduled speeches.

October 4,2020

The Euro-to-Dollar rate held above the 1.17 handle in a show of resilience Friday after being lifted by the revelation that President Donald Trump has contracted coronavirus and as one-off factors were seen to be behind a worse-than-expected set of Eurozone inflation figures for September. 

October 2,2020

The Euro-to-Dollar exchange rate remains susceptible to short-term losses, especially in the event of a surprise victory by President Donald Trump in November’s election, but Credit Agricole CIB has told clients these declines should be used to implement a “buy on the dip” strategy.

October 1,2020

The Euro-to-Dollar exchange rate closed its worst week since April on Friday but risks being carried lower still as the first U.S. election debate, a resurgent coronavirus and series of European Central Bank (ECB) speeches test investors’ confidence in earlier wagers on the single currency 

September 27,2020

The Euro retreated further from a resurgent Dollar on Thursday after the influential Ifo index missed expectations and is once again the subject of bearish wagers after topping out at more-than two year highs in early September and breaking beneath an important technical support level. 

September 25,2020

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