EUR
EUR, JPY, Market Analysis, Technical Analysis
EUR/JPY Price Forecast: Strengthens above 176.50, yet maintains bearish bias below 100-day SMA
The EUR/JPY cross trades in positive territory around 176.85 during the early European session on Friday. Traders remain on high alert for currency intervention from Japanese authorities to prop up the Japanese Yen (JPY). Japanese Finance Minister Satsuki Katayama said on Friday that the officials are observing one-sided, swift foreign exchange shifts recently. Katayama added […]
by Currency Hedger
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- 1 hour ago
EUR, Market Analysis, Technical Analysis, USD
EUR/USD Price Forecast: Declines below 1.1100, negative outlook remains intact under 100-day SMA
The EUR/USD pair declines to near 1.1080 during the early European trading hours on Thursday. A cautious stance from the European Central Bank (ECB) weigh on the Euro (EUR) against the US Dollar (USD). ECB policymaker Philip Lane said that energy prices may be falling, but the central bank’s interest rate decisions will depend on […]
by Currency Hedger
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- 24 hours ago
EUR, Market Analysis, Technical Analysis, USD
Euro Falls Below $1.115 as Fed Rate Hike Expectations and French Political Risks Weigh on Currency
The euro extended its decline below $1.115 on Wednesday, moving closer to its October multi-month lows as a stronger US dollar and growing expectations of further Federal Reserve tightening weighed on the single currency. Hotter-than-expected US inflation has reinforced expectations of another Federal Reserve interest-rate increase in December, with markets also considering the possibility of […]
by Currency Hedger
- 0 Comments
- 2 days ago
CHF, EUR, KRW, Market Analysis, MXN, NOK, Technical Analysis
Foreign Exchange Market Update: South Korean Won Leads Currency Gains as Yen, Euro and Pound Weaken
Foreign exchange markets are showing mixed performance, with the South Korean won leading the latest currency gains at 0.68%, followed by the Mexican peso and Indian rupee. The dollar index has also advanced, gaining 0.16%, indicating that the US currency is strengthening against a number of major peers. On the losing side, the Norwegian krone […]
by Currency Hedger
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- 2 days ago
CAD, EUR
Euro holds ground against Canadian Dollar amid weaker oil prices
EUR/CAD inches higher after posting minor losses in the previous day, trading around 1.5840 during European hours on Wednesday. The currency cross holds ground following the release of final German inflation data. Final German Harmonized Index of Consumer Prices (HICP) data confirmed preliminary estimates of a 0.1% monthly contraction and 2.8% year-on-year growth in October. […]
by Currency Hedger
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- 2 days ago
EUR, GBP, Market Analysis, Technical Analysis
EUR/GBP Price Forecast: Euro stalls below 0.8370 as Crude recovery weighs
The Euro (EUR) trades practically flat against the British Pound (GBP) on Wednesday, as the rebound in Oil prices is offsetting the positive risk sentiment. The EUR/GBP pair holds above the top of the previous trading range, at 0.8360 so far, but remains unable to find acceptance above 0.8370. Crude Oil prices have bounced up […]
by Currency Hedger
- 0 Comments
- 2 days ago
EUR, Market Analysis, USD
Euro remains on its back foot as German CPI confirms easing price pressures
The Euro (EUR) extends losses against the US Dollar (USD) for the second consecutive day, on Wednesday, failing to find support in the final German inflation release. The EUR/USD trades at 1.1155, after retreating from session highs just above 1.1250 on Tuesday, although it remains within the previous range, above year-to-date lows at the 1.1110 area. […]
by Currency Hedger
- 0 Comments
- 2 days ago
EUR, KRW, Market Analysis, MXN, NOK, Technical Analysis, USD
Mexican Peso Leads Global Currency Gains as Dollar Weakens Against Major Peers
Today Markets Analysis The Mexican peso emerged as the strongest-performing currency in the latest foreign exchange session, appreciating 0.63% as gains extended across several major and emerging-market currencies. The South Korean won followed with a 0.36% advance, while the Swedish krona gained 0.34%. The euro and British pound also recorded modest improvements, rising 0.16% and […]
by Currency Hedger
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- 3 days ago
EUR, GBP, Market Analysis, Technical Analysis
EUR/GBP Price Forecast: Euro approaches 0.8360 with bulls gaining confidence
The Euro (EUR) accelerates gains against the British Pound (GBP) on Tuesday, after the mild recovery witnessed in the previous three days, favoured by falling Oil prices and a more positive market sentiment. The EUR/USD pair remains trapped within the last two weeks’ trading range, between 0.8320 and 0.8360, although momentum indicators show an initial […]
by Currency Hedger
- 0 Comments
- 3 days ago
EUR, GBP, INR, Market Analysis, Technical Analysis, USD
Indian Rupee Leads Currency Losses as Asian FX Markets Show Mixed Performance
Today Markets Analysis The Indian rupee emerged as the weakest-performing major currency in the latest foreign exchange session, declining 0.38%, while the Japanese yen also recorded modest losses as broader currency markets remained relatively subdued. The rupee’s decline contrasted with largely unchanged movements in the British pound, euro and US dollar index, highlighting a divergence […]
by Currency Hedger
- 0 Comments
- 3 days ago