EUR/USD is going through a mild recovery on Thursday, trading around 1.1625 at the time of writing, after hitting lows at 1.1580 on Wednesday. A moderate risk appetite on news of a Sino-US trade deal and better-than-expected Eurozone Gross Domestic Product (GDP) is buoying the Euro (EUR) ahead of the European Central Bank’s (ECB) monetary policy decision. Eurozone’s […]
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30
Oct
Oct
EUR/JPY surges above 177.50 following BoJ interest rate decision, ECB policy eyed
EUR/JPY gains ground after two days of losses, trading around 177.50 during the Asian hours on Thursday. The currency cross receives support as the Japanese Yen (JPY) faces challenges after the Bank of Japan (BoJ) decided to keep the short-term interest rate target unchanged in the range of 0.4%- 0.5% in October. The BoJ decision came in […]
30
Oct
Oct
EUR/USD rises to near 1.1630 as US Dollar corrects after Trump-Xi meeting
The EUR/USD pair trades 0.25% higher to near 1.1630 during the late Asian trading session on Thursday. The major currency pair attracts bids as the US Dollar (USD) corrects after United States (US) President Donald Trump and Chinese leader Xi Jinping concluded the meeting without signing a trade deal. During the press time, the US […]
29
Oct
Oct
EUR/USD slides as Fed delivers rate cut, signals end of QT
EUR/USD seesawed within the 1.1650-1.1635 range on Wednesday as the Federal Reserve (Fed) cut rates by 25 basis points, as expected, yet there were two dissenters at the meeting. At the time of writing, the pair trades volatile, as traders await the Fed Chair Jerome Powell’s press conference. Dollar swings as traders await Powell’s tone for clues on future […]
29
Oct
Oct
EUR/JPY returns above 177.00, Yen eases ahead of the BoJ’s decision
The Euro reversal from Monday’s highs at 178.23 against the Japanese Yen has been halted at the 176.65 area on Wednesday’s Early European session, and the pair bounced back to levels above 177.30 at the time of writing, which keeps the pair’s broader bullish trend intact. The Yen is trimming previous gains on Wednesday, with most […]
29
Oct
Oct
EUR/USD fluctuates within previous ranges with all eyes on the Fed
EUR/USD retreats on Wednesday to snap a five-day rally, trading at 1.1640 at the time of writing, yet with downside attempts limited above the 1.1615 area. A somewhat firmer US Dollar, ahead of the Federal Reserve’s monetary policy decision due later today, is weighing on the pair. However, the positive risk sentiment policy is keeping Greenback […]
29
Oct
Oct
EUR/USD softens below 1.1650 ahead of Fed rate decision
The EUR/USD pair loses ground to near 1.1635 during the Asian trading hours on Wednesday. Optimism surrounding US-China trade deals weighs on the riskier currency, like the Euro (EUR) against the US Dollar (USD). Traders brace for the Federal Reserve (Fed) interest rate decision later on Wednesday. On Thursday, the attention will shift to the European Central Bank […]
28
Oct
Oct
EUR/USD extends winning streak as US Dollar falls further ahead of Fed’s monetary policy
The EUR/USD extends its winning streak for the fifth trading day on Tuesday. The major currency pair posts a fresh weekly high near 1.1670 as the US Dollar (USD) underperforms its peers ahead of the monetary policy announcement by the Federal Reserve (Fed) on Wednesday. US Dollar Price Today The table below shows the percentage change of US Dollar […]
28
Oct
Oct
EUR/JPY weakens to near 177.50 as US, Japan sign deal to secure rare earths supply
The EUR/JPY cross loses ground to near 177.60, snapping the five-day winning streak during the Asian trading hours on Tuesday. The Japanese Yen (JPY) strengthens against the Euro (EUR) after US President Donald Trump and Japan’s Prime Minister Sanae Takaichi signed a framework for securing the supply of critical minerals and rare earths. The Bank of Japan […]
27
Oct
Oct
EUR/GBP declines as BoE and ECB divergence, French political risks weigh
EUR/GBP retreats on Monday, ending a three-day winning streak, and trades around 0.8725 at the time of writing, down 0.15% for the day. The pair remains just below the 0.8750 resistance area, a one-month high reached on Friday. Expectations for further easing by the Bank of England (BoE), together with concerns over the United Kingdom’s (UK) […]
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