The Euro-to-Dollar exchange rate rose to its highest level since April 2018 on Tuesday amid further widespread declines in U.S. exchange rates although lower-than-expected inflation figures have served the market a reminder of what is a growing risk to the outlook for the single currency.
September 1,2020
The Euro-to-Dollar exchange rate returned to its front foot last week and could attempt to better its existing two-year high in the coming days if bearish sentiment toward the U.S. greenback builds further, although Europe's unified unit might risk becoming a bit of a laggard among other major currencies.
August 30,2020
The Euro-to-Dollar rate was volatile on Thursday but the still-intact 2020 rally can edure without the single currency drawing the ire of the European Central Bank (ECB), according to new research from Goldman Sachs, although others see the 1.20 threshold as a bit of a line in the sand for Frankfurt.
September 2,2020
The Euro-to-Dollar exchange rate could be on course to slide below 1.17 according to analysts at ING, who see the Eurozone's period of economic outperformance beginning to fade.
August 26,2020
The Euro drew support on Tuesday from upbeat sentiment among investors, a favourable revision to second-quarter German GDP data and another increase in the Ifo Business Climate index, although analysts are still looking for the Euro-to-Dollar rate to consolidate beneath recent highs.
August 26,2020
The Euro-to-Dollar exchange rate confirmed the end of its eight-week winning streak on Friday after IHS Markit PMI surveys surprised on the downside and in the process, helped condemn the single currency to a correction from two-year highs, which is expected to play out amid a reound for the greenback.
August 24,2020
The Euro-to-Dollar rate could see more bouts of profit-taking that serve to draw it further away from recent highs in the weeks ahead, according to strategists at Deutsche Bank and other firms, although analyst forecasts for the single currency still favour a bullish year-end outcome.
August 20,2020
Page 143 of 288