The Euro-to-Dollar exchange rate beat a further retreat from September 01 highs on Friday after the European Central Bank (ECB) blew hot and cold in its views on currency strength and as a beaten and bruised Pound Sterling exacerbated upward pressure on the trade-weighted single currency, while doing little to constrain EUR/USD.

September 13,2020

Europe's single currency was vying for first place in the major currency league table for the week on Friday after the Euro-to-Dollar rate surged when an already-bullish market was further emboldened by a European Central Bank (ECB) that came across as unconcerned about recent Euro strength in its September policy decision.

September 11,2020

ECB Lagarde

The Euro has turned higher over the course of the past 24 hours as broader Dollar selling eases amidst an improvement in global investor appetite, however the resolve of Euro bulls will tested by the European Central Bank's September policy decision where the currency's recent appreciation will be scrutinised.

September 10,2020

The Euro-to-Dollar rally could be over and an Autumn capitulation that takes it back below 1.15 can't be ruled out the entire time that Brexit trade talks are headed for the rocks and the European Central Bank (ECB) remains concerned about strength in Euro exchange rates.

September 9,2020

The Euro-to-Dollar rate came undone alongside other risk assets last week but is widely expected to remain on the defensive ahead of Thursday's policy decision from the European Central Bank (ECB), which has voiced concerns about the recent strength of the single currency and could now attempt to squash its rally. 

September 7,2020

Covid outbreak to undermine the euro

The Euro-to-Dollar exchange rate's rejection at the big round number of 1.20 might be a high-water marker for the single currency, which is being tipped to head back to levels last seen in mid-July over coming weeks.

September 3,2020

ECB Lane

The Euro came under pressure following comments from a European Central Bank committee member that suggested authorities were starting to become uncomfortable with the single currency's recent appreciation.

September 3,2020

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