EUR
EUR, Market Analysis
Euro holds gains against Canadian Dollar ahead of Eurozone HICP inflation data
EUR/CAD extends its gains for the third consecutive day, trading around 1.5700 during European hours on Wednesday. The currency cross remains stronger as the Euro (EUR) holds its position following the release of HCOB Purchasing Managers’ Index (PMI) data from Germany and the Eurozone. Traders’ attention is shifted toward Eurozone Harmonized Index of Consumer Prices […]
by Currency Hedger
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- 1 week ago
EUR, GBP, JPY, Market Analysis, MXN, Technical Analysis, USD
Mexican Peso Leads Global Currency Gains as Dollar Index Falls 0.47%
Global currency markets are seeing broad strength across several major currencies, with the Mexican peso leading the latest gains after appreciating 1.17%. The New Zealand dollar and Norwegian krone also record notable advances, while sterling and the euro strengthen against the US dollar. The Japanese yen posts a smaller gain, adding to the positive performance […]
by Currency Hedger
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- 1 week ago
EUR, Market Analysis, Technical Analysis, USD
Euro edges up against US Dollar in countdown to US Midterm elections
The Euro (EUR) trades marginally higher at around 1.1195 against the US Dollar (USD) during the European trading session on Tuesday. The EUR/USD pair ticks up as the US Dollar is under pressure amid caution ahead of United States (US) Midterm elections later in the day. At press time, the US Dollar Index (DXY), which […]
by Currency Hedger
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- 1 week ago
EUR, GBP, Market Analysis, Technical Analysis
Euro weakens against British Pound on soft German Retail Sales, traders await BoE rate decision
The EUR/GBP cross trades with mild losses around 0.8345 during the early European trading hours on Tuesday. The British Pound (GBP) strengthens against the Euro (EUR) amid hawkish rate expectations from the Bank of England (BoE). The BoE is likely to raise the Bank Rate to 4.0% from 3.75% at its November policy meeting on […]
by Currency Hedger
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- 1 week ago
EUR, JPY, Market Analysis, Technical Analysis
EUR/JPY Price Forecast: Holds above 176.50 near nine-day EMA
EUR/JPY inches lower after posting modest gains in the previous day, trading around 176.70 during Asian hours on Tuesday. The technical analysis of the daily chart suggests that the currency cross is remaining within a descending channel pattern, indicating a prevailing bearish bias. The EUR/JPY cross is holding just above the nine-period Exponential Moving Average […]
by Currency Hedger
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- 1 week ago
EUR, Market Analysis, Technical Analysis, USD
Euro strengthens above 1.1150 as Eurozone GDP beats forecasts, US midterm election looms
The EUR/USD pair gathers strength to near 1.1175 during the early European trading hours on Monday. The Euro (EUR) edges higher against the US Dollar (USD) as the Eurozone and German Gross Domestic Product (GDP) data beat forecasts in the third quarter (Q3). Traders await Germany’s Retail Sales and US ISM Manufacturing Purchasing Managers Index […]
by Currency Hedger
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- 2 weeks ago
EUR, GBP, JPY, KRW, Market Analysis, Technical Analysis
South Korean Won Leads Currency Losses as KRW Falls 0.73%, While Euro Advances
The South Korean won is leading losses across major currencies, depreciating by 0.73%, while the Japanese yen also trades lower. The euro is outperforming its peers with a 0.21% gain, while the British pound and US dollar index remain broadly unchanged. The latest currency movements highlight a mixed foreign-exchange market, with weakness concentrated in selected […]
by Currency Hedger
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- 2 weeks ago
EUR, JPY, Market Analysis, Technical Analysis
EUR/JPY Price Forecast: Trades around 176.50 above nine-day EMA
EUR/JPY gains ground after recovering recent losses from the previous trading day, hovering around 176.40 during Asian hours on Monday. Based on the technical analysis of the daily chart’s descending channel pattern, the currency cross maintains a clear bearish bias. The EUR/JPY cross is maintaining a bearish near-term bias as it holds below the 50-day […]
by Currency Hedger
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- 2 weeks ago
BRL, EUR, GBP, KRW, Market Analysis, MXN, NOK, Technical Analysis
Brazilian Real Led Currency Losses on Friday as Norwegian Krone and Mexican Peso Advanced
Today Markets Analysis Currency markets ended Friday with a mixed performance, as the Brazilian real recorded the largest decline while the Norwegian krone and Mexican peso led the gainers. The Brazilian real fell 1.14%, making it the weakest performer in the latest foreign-exchange market update. The euro also moved lower, declining 0.27%, while the US […]
by Currency Hedger
- 0 Comments
- 2 weeks ago
EUR, Market Analysis, Technical Analysis, USD
EUR/USD Price Forecast: Holds gains to near 1.1200, while staying below key technical resistance
The EUR/USD pair trades in positive territory around 1.1190 during the early European trading hours on Friday. A hawkish pause from the European Central Bank (ECB) provides some support to the Euro (EUR) against the US Dollar (USD). Traders brace for the preliminary readings of Q3 Gross Domestic Product (GDP) from Germany and the Eurozone […]
by Currency Hedger
- 0 Comments
- 2 weeks ago