EUR/USD records slight increases around 1.1480 during the early Asian trading session on Friday. Easing Treasury yields and a pullback in oil are exerting downward pressure on the US Dollar. ECB policymakers perceive a heightened risk of inflationary pressures. The EUR/USD pair is experiencing modest gains, hovering around 1.1480 in the early hours of the … Read more
The EUR/USD exchange rate declined to 1.1536 on Tuesday, reflecting a decrease of 0.11% for the session and marking the continuation of a four-day losing streak. The euro has experienced a decline in each session following the European Central Bank’s rate hike last Thursday, closing on Monday at approximately 1.1550, reflecting a decrease of 0.42%. … Read more
EUR/USD stabilises around 1.1610 during the early Asian session on Friday. The ECB has increased its key deposit rate by 25 basis points to 2.50%, a decision that was largely anticipated by market participants. Markets are currently reflecting a 70% probability of a Federal Reserve rate increase in September. The EUR/USD pair remains stable at … Read more
EUR/USD trades at 1.16298, reflecting an increase of 0.0005 or 0.05%, with the emphasis on the lack of significant movement. The pair has appreciated by 0.76% over the past month, while it has depreciated by 0.62% over the course of twelve months. During a session in which Brent reached $101, the U.S. 10-year yield registered … Read more
The EUR/USD stands out as our currency pair of the week, primarily because the ECB’s policy decision is positioned between two significant US inflation data releases. However, with a sparse calendar in the initial days of the week, traders will derive their insights from oil prices, which are on the rise due to the increasing … Read more
EUR/USD traded at 1.1580 on Wednesday, September 2, after slipping to 1.1575 during the early European session – the lowest level in two weeks. The pair declined for a second consecutive day, concluding Tuesday in negative territory at 1.1601 after reaching an intraday low of 1.1587 and losing 0.14% during the session. Tuesday’s rally attempt … Read more
EUR/USD is currently at 1.1593, reflecting a decline of 0.2% for the session, following an unsuccessful overnight attempt to recover from the 100-day simple moving average positioned at 1.1572. The Asian session recorded the pair at 1.1620. European hours dismantled it. The one-and-a-half-week low at 1.1572 to 1.1575 serves as the reference point for the … Read more
EUR/USD traded at 1.1664 on Wednesday, down 0.09% on the session, after spending the Asian hours pinned in a tight band around 1.1660 and the early European session leaking toward 1.1650. The pair accelerated to multi-day troughs near 1.1650 immediately after the July PCE report and the second estimate of Q2 GDP landed at 12:30 … Read more
EUR/USD is currently at 1.1684, reflecting a modest increase of 0.05% from Wednesday’s closing figure of 1.1677. During the European session, the pair reached a new three-month peak at 1.1711. The session low is recorded at 1.1670, while the opening figure was 1.1677. The pair has increased by 2.50% over the trailing month and by … Read more
The euro traded at $1.15745 against the dollar on Tuesday, reflecting a decline of 0.06% during the session, following a retreat below the 1.1600 threshold during Asian hours. That signifies the third consecutive session in which the pair has approached the figure and failed to close above it. The rejection sits directly atop a genuine … Read more
