Euro futures traded lower, reaching 1.1350 before closing near 1.1365, marking the lowest level since mid-July. The decline was driven by U.S. dollar strength following rising inflation expectations and shifting Federal Reserve rate hike expectations. The euro has fallen approximately 3% since its August peak above 1.17. Meanwhile, option-derived volatility increased alongside the market decline, […]
The euro is trading near 1.1380 against the US dollar, remaining below the 1.1400 level as a more hawkish Federal Reserve outlook and continued Middle East tensions support demand for the dollar. The latest move leaves EUR/USD close to levels where the decline could become technically stretched, while the monetary-policy outlook remains the dominant fundamental […]
Akhtar FaruquiFXStreet EUR/JPY has pared back its recent gains from the previous day, trading around 180.10 during Asian hours on Friday. Technical analysis of the daily chart shows that the currency cross continues to trade within a descending channel pattern, pointing to a persistent bearish outlook. The EUR/JPY cross is retaining a bearish near-term bias […]
The EUR/JPY cross trades in negative territory around 179.85 during the early European trading hours on Thursday. Intervention risks from Japanese authorities provide some support to the Japanese Yen (JPY) against the Euro (EUR). Germany’s IFO survey is due later on Thursday. Traders remain on high alert for currency intervention from Japanese officials, particularly given […]
The EUR/USD pair drifts lower for the third straight day, hitting a fresh low since July 28 during the Asian session on Thursday, though it lacks follow-through. Spot prices currently trade around the 1.1380-1.1375 region, nearly unchanged for the day, as bears turn cautious ahead of a crucial meeting between US President Donald Trump and […]
The EUR/USD pair remains under some selling pressure for the third straight day, touching a fresh low since July 29, around the 1.1425 region, during the Asian session on Wednesday. The US Dollar (USD) retains its bullish undertone amid the US Federal Reserve’s (Fed) hawkish outlook and geopolitical risks. The shared currency, on the other […]
EUR/JPY extends its losses for the second successive day, trading around 180.10 during Asian hours on Wednesday. Technical analysis of the daily chart shows the currency cross remaining within a descending channel, suggesting a persistent bearish bias. The EUR/JPY cross is maintaining a mild bearish bias as it holds just above the nine-day Exponential Moving […]
The Euro (EUR) is failing to draw any support from the moderate risk appetite triggered by the recent pullback in Oil prices and extends losses against the US Dollar (USD) on Tuesday, hitting fresh seven-week lows below 1.1450. The growing political uncertainty in Germany, after the defeat of Chancellor Friedrich Merz’s CDU in last weekend’s […]
EUR/USD traded higher toward 1.1475 during Tuesday’s early European session as the euro gained modest ground against the US dollar amid improved risk sentiment and renewed hopes for potential US-Iran diplomatic talks. Despite the rebound, the broader technical structure remains under pressure. EUR/USD continues to trade below its 100-day simple moving average (SMA), while the […]
The EUR/JPY exchange rate is holding around 180.25 at the start of the European session on Monday, consolidating after a sharp recovery from the September lows. Trading conditions are thinner than normal because Japanese markets are closed for a three-day holiday, while traders remain alert to the possibility of Japanese authorities intervening to support the […]