EUR/USD trades at 1.1445, maintaining the 1.14 handle it has upheld for six weeks, exhibiting a lack of movement in the process. The pair concluded trading on July 13 at 1.13812 and on July 14 at 1.1421, subsequently oscillating within a 63-pip range in each session thereafter. The Dollar Index currently stands at 100.75, having … Read more
The EUR/USD is currently at 1.1448, reflecting an increase of 0.13% over the past week, while showing a decline of 1.39% over the last thirty days. The pair has appreciated since Monday, yet it has shown no increase since January. The recent trajectory reflects a succession of unsuccessful attempts. On July 12, the pair was … Read more
EUR/USD trades at 1.1431, reflecting a 0.10% increase during the session, following a rise to 1.1450 on Tuesday, marking its highest level since June 19, before retreating from that near one-month peak throughout Wednesday’s European session. The intraday band spans from 1.1382 to 1.1463, with the previous close recorded at 1.1387. The pair has experienced … Read more
EUR/USD changed hands at 1.1390 Monday, maintaining a defensive position beneath the 1.1400 handle, marking its weakest level in a year. The dollar commenced the week with strength driven by safe-haven flows, while the pair experienced a breakdown from a bearish flag formation. The US Dollar Index climbed 0.2% to 101.15 as the weekend U.S.-Iran … Read more
The EUR/USD pair commences the week at approximately 1.1433. Investors are persistently evaluating the circumstances in the Middle East, characterised by elevated levels of uncertainty. Oil prices experienced a downward correction after a significant increase at the beginning of the week, prompted by reports indicating that the United States and Iran plan to persist with … Read more
The euro is holding steady on Friday, with EUR/USD positioned around $1.1420, remaining at the lower end of a range it has occupied throughout the year. The pair has retraced from Thursday’s advance towards $1.1438 and currently hovers just above the critical threshold: the $1.1400 support, which has emerged as the pivotal point in the … Read more
EUR/USD is trading near 1.1425 on Thursday, remaining unchanged for the session and hovering close to its lowest level in a year, as the market anticipates two significant events occurring simultaneously: the ECB’s Monetary Policy Meeting Accounts and U.S. weekly jobless claims. The pair settled around 1.1450 earlier as demand for the dollar cooled, then … Read more
EUR/USD is positioned on the threshold that will determine its trajectory for the next six months. The pair traded around 1.1400 on Wednesday, held at the critical support level it has consistently defended since March, as the dollar strengthened into the afternoon amid the same shock affecting all other markets. Trump announced the termination of … Read more
The euro traded around $1.1419 as Monday commenced, maintaining a position just above the $1.14 threshold following a modest weekly increase of 0.5%, yet remaining near one-year lows in relation to the dollar. That’s the frame: a currency that has managed to achieve a modest rebound while remaining ensnared in a persistent downtrend that has … Read more
The EUR/USD pair is currently positioned around 1.1450 as it approaches the July 4 weekend, experiencing a rebound from a one-year low following a lacklustre US jobs report that has diminished the dollar’s strength. That appears to be a favourable outcome for the euro. It is not — the bounce stalled below 1.15, constrained by … Read more