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EUR/USD Nears 1.16 as Fed-ECB Rate Gap Narrows

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

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EUR/USD Tests 1.1550 as Dollar Rebound Limits Euro Gains

The EUR/USD pair is currently positioned around 1.1550 during the European session on Monday, reflecting a decline of approximately 0.10%, with the latest mark at 1.1547 for the session. The pair is positioned just beneath Friday’s peak at 1.1581, marking the most robust level since June 17. The U.S. Dollar Index has rebounded by 0.12%, … Read more

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EUR/USD Tests Key Resistance as ECB Rate Hike Bets Rise

The euro is currently valued at 1.1536 against the dollar during Wednesday’s European session, reflecting a slight increase for the day of approximately 0.18%. The exchange rate has fluctuated between 1.15304 and 1.1537, varying by trading venue. The pair advanced toward 1.1550 during the early European hours before retracing back into the range it has … Read more

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EUR/USD Rises on Strong Eurozone Data

EUR/USD traded at 1.1501 on Friday, reflecting a decline of 0.23% from the prior session, yet remaining above the 1.15 threshold and close to its peak since June 16. The pair is poised for a monthly increase of approximately 0.8% to 1.09%, marking its most favourable month since the euro’s decline in the spring, while … Read more

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EUR/USD Climbs on Strong Eurozone GDP and Inflation

EUR/USD is currently positioned at approximately 1.1450, having reached about 1.1480 — the highest point since June 17 — following a second-quarter euro area GDP announcement that surpassed all previously published projections. The pair experienced a notable increase on Wednesday following the Federal Reserve’s decision to maintain interest rates at their current levels. This prompted … Read more

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EUR/USD Holds Near One-Month Low Ahead of Fed Decision

The euro traded at 1.1386 against the dollar on Wednesday, reflecting minimal movement from the previous session with a decline of 0.01%, and remaining just below the 1.14 threshold it relinquished earlier in the week. That level signifies the lowest reading observed in a month. The action that brought it to this point was systematic. … Read more

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EUR/USD Slips as Hawkish Fed Expectations Boost US Dollar

EUR/USD traded at 1.1366 on Tuesday, remaining essentially unchanged from Monday’s close and positioned at the lowest level in a month. The pair has been consolidating just above the mid-1.1300s through both the Asian and European sessions, with traders refraining from making directional bets in anticipation of the two-day Federal Open Market Committee meeting that … Read more

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EUR/USD Stalls at 1.14 as Fed and ECB Keep Dollar in Spotlight

The euro opened the week with a bullish gap and spent the rest of the session giving it back. EUR/USD gapped up on the Sydney open as risk sentiment improved, ran to the 1.1410–1.1420 band through Asian and early European hours, and held near 1.1406 into the London afternoon against Friday’s 1.1369 close. By the … Read more

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EUR/USD Slips After ECB Holds Rates Despite Hawkish Tone

The euro experienced an ascent on Thursday morning in anticipation of the European Central Bank’s decision, only to relinquish those gains within minutes following the announcement. The EUR/USD pair hovered near 1.1410 during the Asian trading session, marking a continuation of gains for the second consecutive day, reaching a peak of 1.1434 prior to the … Read more

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EUR/USD Falls After ECB Holds Rates, Dollar Stays Firm

The euro experienced an upward trajectory on Thursday morning in anticipation of the European Central Bank’s decision, only to relinquish those gains within minutes following the announcement. The EUR/USD pair was observed trading near 1.1410 during the Asian trading hours, marking a continuation of gains for the second consecutive session. It reached a peak of … Read more

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