Recomendation Euro to Dollars Today

Recomendation Euro to Dollars Today: Real-Time Exchange Rates and Conversion

If you're planning a trip to the United States or need to make a currency exchange, it's important to know the current euro to dollar exchange rate. Our real-time converter provides you with the most accurate and up-to-date information, so you can make informed financial decisions. 

Euro to Dollars Today

Check it out now to stay on top of the latest exchange rates.

Understanding the Euro to Dollar Exchange Rate.

The euro to dollar exchange rate is the value of one euro in U.S. dollars. This rate is constantly changing due to various economic and political factors, such as inflation rates, interest rates, and global events.
Understanding the exchange rate is important for anyone who needs to make international transactions or travel abroad.
By keeping up-to-date with the latest exchange rates, you can make informed financial decisions and avoid unnecessary fees or losses.

EUR/USD left some of the recent weakening on Tuesday.

The dollar is visible in the sale offer because investors like the risk complex. The next one on the euro map is the German ZEW survey, UME. New buying interest returned to the single currency and raised the EUR/USD to the 1.0960 zone on Tuesday.

EUR/USD is now focusing on data

EUR/USD recorded a decent rise well above the 1,0900 barrier and at the same time managed to leave two daily pullbacks in a row amid rising selling pressures around the dollar.
Meanwhile, the ECB’s further tightening expectations for May remain good for now. As investors appear to be inclined to a 25 bp interest rate hike for the moment, several ECB policymakers have opened up the possibility of greater interest rate increases in previous sessions.
Later on the domestic economic calendar, the ever-relevant economic sentiment measured by the ZEW agency for Germany and the euro block will be at the center of attention along with the trade balance figures in the euro area. Over the Atlantic, housing data and speech M. Bowman of the FOMC will be the focus of the North American session later.

What to Look for around the Euro

The EUR/USD managed to accumulate some new attractiveness after a recent downturn to around the 1,0900. 

 Meanwhile, price action around the single currency is expected to continue following the dynamics of the dollar, as well as the newly emerging divergence between the Fed and the ECB related to the bank’s intentions around potential future interest rate changes.
Forwards, the hawkish tone of ECB officials continued to support further interest rate increases, although this view seemed to contradict the loss of fundamental economic momentum in the region.
Key events in the euro area this week: ZEW Economic sentiment Germany, UME (Tuesday) – UME Final Inflation Rate (Rabu) – ECB Accounts, Consumer Confidence Initiation UME(Tuesdays) – IMP Manufacturing/Service Initiation (Jumat). 

The main issues on which it affects: Continuity (or not) of the ECB’s interest rate rise cycle. The impact of the Russian-Ukrainian war on the prospects for growth and inflation in the region. The risk of inflation becomes rooted.

The level of EUR/USD to be observed

So far, the EUR/USD pair has risen 0.34% at 1.0960 and a penetration above 1.1075 (highest in 2023 on 14 April) will target 1.1100 (round numbers) then 1.1184 (on 21 Maret 2022). 

On the other hand, the next support at 1,0831 (monthly lowest 10 April) followed by 1,0788 (month lowest 3 April) and last 1,0756 (SMA 55-hari).

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