EUR

EUR/USD extends its losses for the second successive session, trading around 1.1610 during the Asian hours on Monday. The pair appreciates as the US Dollar (USD) receives support from cautious remarks given by US Federal Reserve (Fed) officials, diminishing the likelihood of an interest rate cut in December. Kansas City Fed President Jeffery Schmid said on Friday that […]

EUR/USD is trimming gains on Friday, following a seven-day rally and trades at 1.1615 at the time of writing, still on track for a 0.45% weekly appreciation. The fairly positive Eurozone Gross Domestic Product and the upbeat Trade Balance reports have failed to support the Euro, which has lost steam, weighed down by a negative market sentiment. Eurozone GDP has […]

EUR/USD moves little after six days of gains, trading around 1.1590 during the Asian hours on Thursday. The pair remains steady as the US Dollar (USD) holds ground after US President Donald Trump signed the government funding bill on Thursday, marking the official end of the record 43-day government shutdown in the United States (US) […]

EUR/USD remains steady after five days of gains, trading around 1.1580 during the Asian hours on Wednesday. The pair may continue its winning streak as the Euro (EUR) could further gain amid a cautious tone surrounding the European Central Bank (ECB) policy outlook. The ECB is expected to keep interest rates unchanged for now, backed by steady economic performance and inflation […]

EUR/USD depreciates after three days of losses, trading around 1.1550 during the Asian hours on Monday. The pair loses ground as the US Dollar (USD) receives support after Bloomberg reported the record-breaking US government shutdown is nearing an end. A group of centrist Senate Democrats agreed to support a deal to reopen the government and […]

Facts Recommendation Long position on EURUSD at market price Opinion The EURUSD has been under heavy selling pressure recently, but the chart now shows early signs of stabilization. The pair rebounded after touching the 200-day exponential moving average (EMA 200) — marked in red on the chart. Recent European PMI data exceeded expectations, while the ongoing U.S. government shutdown and the highest number of […]

The EUR/USD pair is currently trading at around 1.1481 USD per euro. The market is being shaped by multiple factors from both Europe and the US. Despite positive signals from the eurozone economy, the dominant strength of the dollar and key macroeconomic data from the US are setting the tone for trading. Additionally, the ongoing US […]