The Euro to Dollar exchange rate edged above 1.18 but struggled to build momentum as markets weighed mixed central bank signals and uneven Eurozone data. While ING and HSBC both forecast EUR/USD at ...
The Euro to US Dollar exchange rate (EUR/USD) was unable to hold above the 1.1700 level on Monday and retreated to near 1.1670. Dollar sentiment remains weak, but traders are reluctant to extend long ...
The euro has the potential to replace the US dollar as the global reserve currency, but “the lack of unity within the eurozone” and the depth of the American capital markets remain major obstacles ...
Traders are seeking alternatives to the euro when shorting the dollar as they look to capitalize on expectations for further weakness in the US currency. Long euro positions against the greenback ...
NEW YORK :The dollar rose against the euro and yen on Tuesday, showing tentative signs of recovery following a sharp selloff that saw the dollar index tumble more than 3 per cent last week. Investors ...
LONDON, July 21 (Reuters) - The British pound edged higher against the dollar and euro on Monday, but remained close to the multi-week lows it reached against both currencies last week as investor ...