Euro

EUR/CAD edges higher above 1.6100 ahead of Canadian employment data

EUR/CAD trades marginally higher around 1.6110 ahead of key Canadian labor market data for August. The Unemployment Rate is seen…

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EUR/JPY holds steady around 173.00, remains below one-month low ahead of Eurozone GDP

EUR/JPY retains its positive bias amid bets that the ECB will keep rates unchanged in the near term. The upbeat…

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EUR/GBP gains ground above 0.8650 ahead of Eurozone Retail Sales release

EUR/GBP gathers strength to near 0.8680 in Thursday’s early European session.  Economists anticipate the ECB will leave the deposit rate…

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EUR/USD holds losses near 1.1650 ahead of Eurozone Retail Sales

EUR/USD loses ground as Eurozone Retail Sales are anticipated to ease in July. Weaker July JOLTS data strengthened market expectations…

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Australian Dollar declines as US Dollar remains stronger ahead of ISM Services PMI

Australian Dollar struggles despite stronger-than-expected Trade Balance data. Australia’s Trade Balance widened to 7,310 million MoM in July, surpassing the…

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EUR/JPY Price Forecast: Key resistance level emerges near 173.00

EUR/JPY flat lines around 172.65 in Thursday’s early European session. Positive view of the cross prevails above the 100-day EMA,…

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EUR/JPY rises to near 173.00 due to widening yield differentials, HCOB PMI eyed

EUR/JPY appreciates ahead of HCOB Purchasing Managers’ Index data from Eurozone and Germany. Japan’s 30-year government bond yield hovered around…

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EUR/USD falls toward 1.1600 ahead of HCOB PMI data

EUR/USD faces challenges ahead of HCOB Purchasing Managers’ Index data from Eurozone and Germany. The US Dollar strengthened as yields…

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Technical Analysis – EURUSD

In September, the EUR/USD pair came under pressure to weaken, despite inflation in the eurozone being slightly higher than expected.…

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EUR/USD weakens below 1.1700 as traders brace for US ISM Manufacturing PMI data

EUR/USD loses traction to around 1.1695 in Tuesday’s Asian session.  Persistent Russia-Ukraine geopolitical tensions and fears of a new political…

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