As the Fed prepares for an interest rate cut in its September meeting, expectations are rising that the greenback may weaken, making investments in foreign currencies more attractive. Also, driven by a...
The euro is the world’s second leading reserve currency behind the U.S. dollar. The euro is the pan-European currency that changed the foreign exchange market at the turn of this century. The euro fell...
The (EURUSD) is in the late stages of a Bull Flag consolidation (on the weekly chart) after forming a fresh March high last week. Odds are elevated for an extension of the upchannel (on the weekly chart)...
The U.S. dollar is the world’s leading reserve currency, but the euro is the second most-held foreign exchange instrument. Central banks and monetary authorities hold reserve currencies in significant...
The (EURUSD) is edging higher after the post-FOMC surge, but will likely see healthy profittaking by the weekend back to below the psychologically key 1.10 whole figure level. The EURUSD’s massive...
The bearish trend in the currency relationship between the euro and the US dollar began in 2008 and continues in 2022. The European currency has steadily declined from early 2021 through March 2022. The...
The trend in the currency relationship between the euro and the US dollar has favored the US foreign exchange instrument over the past thirteen years. The euro has made lower highs and lower lows against...
The US dollar and euro foreign exchange instruments are the leading world reserve currencies. The dollar reflects the full faith and credit of the US. The euro is more complicated as it reflects the policies...
The dollar index has rallied over the past three months. It is approaching a critical upside target at the November 2020 high. The rise in the dollar reflects the US currency’s strength, but it may be...