Euro

Trade of The Day – GBP/JPY

Facts:The price broke below the support at 188.32GBPJPY sits below 100-period moving average from H1 intervalHead and shoulders pattern can…

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EUR/USD declines as ECB cuts interest rates, guides grim outlook

EUR/USD slides to near 1.1340 as the ECB reduces its key borrowing rates by 25 bps, as expected. The ECB…

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EUR/USD Moves Lower on Fed Williams Comments on no Rate Cuts

Federal Reserve’s John Williams said there’s no need to change interest rates any time soon, as current monetary policy is…

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EUR/USD Undecided After U.S. Macro Data

12:30 PM GMT, United States – Philadelphia Fed Report for April: Manufacturing Index: actual -26.4; forecast 2.2; previous 12.5; Employment: actual 0.2; previous 19.7; Business…

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Chart of The Day – EUR/USD

The EURUSD has once again moderated its upward trend after a recent rally, as markets await today’s interest rate decision…

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EUR/USD Softens to near 1.1350, over bought RSI condition eyed

EUR/USD weakens to around 1.1365 in Thursday’s early European session, down 0.28% on the day.  The positive bias of the…

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EUR/JPY trades with positive bias above 162.00; lacks follow-through ahead of ECB

EUR/JPY gains positive traction for the second straight day amid a broadly weaker JPY. BoJ rate hike bets, rising trade…

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EUR/GBP Recommendation From Credit Agricole

Credit Agricole has issued a recommendation for the EURGBP currency pair. Credit Agricole recommends taking a short position on the…

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EUR/USD trades near 1.1350, stays silent as US Dollar seeks to recover stability

EUR/USD holds steady as the US Dollar tries to stabilize amid rising stagflation concerns. Fed’s Bostic noted that the US…

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EUR/USD strengthens on mounting fears of US stagflation

EUR/USD climbs to near 1.1400 as the US Dollar faces an intense sell-off amid an escalating US-China trade war. US…

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