EUR-USD

EUR/USD Holds 1.17 Amid Weak US CPI Weighing on Dollar

The EUR/USD pair is currently positioned between 1.1710 and 1.1720 following four consecutive days of declines. Nevertheless, it retains the majority of its approximately 2% rally over the past three weeks and continues to operate within a distinct upward trend. The price has retraced from this week’s three-month peak at 1.1804 and is currently examining … Read more

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EUR/USD Stays Above 1.1700 with ECB at 2.0% and US CPI at 2.7%

The fundamental configuration in EUR/USD features a 2.0% ECB deposit rate maintained, juxtaposed with a Fed that recently experienced a headline CPI decline to 2.7% year-on-year, compared to a consensus of 3.1%. The interplay of these factors diminishes the strength of the USD narrative, particularly as the ECB indicates that its current policy stance is … Read more

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EUR/USD remains over 1.17 as bulls defend ECB and CPI uptrends

EUR/USD is currently positioned between 1.1720 and 1.1730 as of December 17, experiencing a pullback from the 1.1780 peak observed at the end of the previous week, yet maintaining a distinctly positive framework. The pair has decreased approximately 0.2–0.3% today after reaching a 12-week peak exceeding 1.1780. However, it continues to trade above the critical … Read more

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EUR/USD Eyes 1.18 Amid Weak Dollar and NFP, PMI Risks

EUR/USD remains stable above 1.1700, currently trading near the 1.1760–1.1780 range, following a two-month peak at approximately 1.1768. Each advance toward the 1.1770–1.1800 range is encountering profit-taking instead of strong selling pressure, indicating a balanced two-way market rather than a trend reversal. The pair is currently experiencing a slight upward trend in the short term, … Read more

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EUR/USD Holds 1.17 before ECB Meeting and NFP Push Pair to 1.20

The EUR/USD pair is currently positioned within the 1.1730–1.1750 range, following a retracement from last week’s peak near 1.1760–1.1762, marking the highest level observed in approximately two months. The pair momentarily exceeded 1.1750 before retreating to the 1.1730–1.1740 range, yet the price continues to hold above last week’s lows and significantly above the mid-November support … Read more

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EUR/USD Stays Near 1.17 as Fed Cuts and Euro Faces Resistance

EUR/USD navigated through a significant resistance zone throughout the week, concluding just beneath the upper boundary. The pair commenced trading at approximately 1.1640 and concluded at around 1.1743, with intra-week peaks nearing 1.1762. The result indicates an approximate 0.88% increase for the week, alongside a definitive examination of the 1.1686–1.1748 Fibonacci range that has impeded … Read more

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EUR/USD Stays at 1.1740 Amid Fed Cuts and Data Delays Test the 1.1762 Break

EUR/USD is currently positioned at approximately 1.1740–1.1741 following the recent 25 bp Fed cut, effectively maintaining its stance just below a clearly established resistance band rather than showing signs of reversal. The price is consolidating within the upper segment of the recent range, rather than retreating from it. Positioning indicates a cautious stance, yet remains … Read more

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EUR/USD Stays 1.173–1.176 as Fed Cuts and DXY 98 Push for 1.18

On December 12, EUR/USD is positioned near 1.173–1.174, following a rise to a 10-week peak in the 1.1750–1.1762 range, reflecting an increase of nearly 2% over the past three weeks. The pair has decisively moved beyond the 1.16–1.17 congestion band and is currently approaching a resistance cluster between 1.1760 and 1.1788. The market is evidently … Read more

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EUR/USD Rises 1.17 as Fed Cuts Rates Again, Dollar Index Drops

EUR/USD is currently positioned at $1.1720, reflecting an increase of nearly 0.8% over the past two sessions, following the Federal Reserve’s third consecutive 25 basis points rate cut, which has led to a depreciation of the US Dollar. The Federal Reserve has lowered the funds range to 3.50%–3.75%, marking its lowest level in three years, … Read more

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EUR/USD Heads for $1.16 ECB Hawkishness Steadies Euro at $1.1622

EUR/USD is currently positioned at approximately 1.1622, exhibiting a narrow consolidation range as market participants prepare for the Federal Reserve’s concluding rate decision for 2025. The pair is positioned just above its 1.1605 support level, indicating a degree of investor uncertainty regarding the potential finality of the Fed’s 25-basis-point cut in this cycle. Current futures … Read more