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
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
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
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
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
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
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
EUR/USD traded near 1.1411 on Wednesday, reflecting a slight increase of 0.11% during the session, yet remaining close to one-year lows. The pair has continued a week and a half of directionless fluctuations within the range of approximately 1.1380 and 1.1480. The euro remains indecisive, primarily due to traders’ hesitance ahead of Thursday’s European Central … Read more
EUR/USD remains anchored around 1.1426, oscillating within a narrow range of 1.1400-1.1485 that has confined the pair for the past week and a half, preventing any decisive movement in either direction. The euro settled Monday down 0.08% at 1.1426, hovering just above the 200-period moving average at 1.1434 and pinned below the 50-period average at … Read more
The euro maintained an early recovery close to 1.1450 against the dollar throughout Monday’s European session, with the pair rebounding as the greenback weakened in anticipation of a week featuring two central-bank decisions and a series of growth data releases. The dollar index slipped 0.1% to 100.65, providing the single currency with an opportunity to … Read more