The single currency concluded Monday morning constrained by the same psychological barrier that has turned it away for two consecutive weeks, with EUR/USD trading around 1.1770 following yet another unsuccessful attempt to breach the 1.1800 level. President Trump’s outright dismissal of Iran’s updated peace framework redirected flows back into the dollar and rekindled the energy-driven … Read more
The single currency is engaging in the meticulous effort characteristic of the concluding phases of a prolonged recovery, and the displayed price this Friday clearly indicates the current state of indecision. The EUR/USD pair is currently trading within a range of $1.1730 to $1.1782, varying by venue and time, reflecting an increase of approximately 0.50% … Read more
The EUR/USD exchange rate experienced a decline following the Federal Reserve’s announcement of its interest rate decision on Wednesday. The decline was also observed as energy prices experienced a surge, influenced by the ongoing rhetoric between the US and Iran. The current trading level stands at 1.1677, slightly below the monthly peak of 1.1855. The … Read more
EUR/USD is currently positioned around $1.1750 on Wednesday, May 6, 2026, after reaching a peak of $1.1796 during the early European session — marking the highest point for the pair since April 17 — before retreating into the range of $1.1750 to $1.1773 as the U.S. Dollar gained some support following stronger-than-anticipated ADP data. The … Read more
The current exchange rate is hovering around 1.1690 against the dollar during Tuesday’s trading session, teetering after dipping below the significant 1.1700 level earlier and now approaching the 50-day Exponential Moving Average at 1.1682. Two consecutive sessions of selling have positioned the cross at the lower boundary of the ascending channel that has defined the … Read more
The EUR/USD pair is currently at a critical juncture as Monday’s session progresses, last seen trading in the range of 1.1700-1.1710 following a brief ascent during the Asian session into the mid-1.1740s, which was quickly reversed. The decline observed on Friday from a one-and-a-half-week peak close to 1.1847 has continued into the new week, with … Read more
The single currency is performing precisely as the macroeconomic conditions indicated it would this week. The EUR/USD pair is currently trading at 1.1742 during late European hours, slightly below the weekly resistance level of 1.1755 and close to the 1.1800 mark, which has been the target for bulls since the bounce from Thursday’s low of … Read more
The single currency is experiencing a significant intraday reversal, with EUR/USD surging back through the 1.1700 level to reach 1.1720 at the session highs, following a three-week low of 1.1655 established during the Asian session. The reversal is not merely a single-factor narrative; it is beneficial to analyze it meticulously. Three forces acted in unison … Read more
The EUR/USD pair is currently trading at 1.1684, having breached the 1.1700 support level, reflecting an intraday loss of approximately 0.17% to 0.22%. This decline follows a peak near 1.1720, driven by a series of macroeconomic factors that have significantly strengthened the dollar’s position. The pair is poised for significant movement as it approaches a … Read more
The single currency has relinquished its hold on the 1.1700 level and is currently exhibiting a cautious demeanor as it approaches a pivotal 72-hour period for central banks in the second quarter. The EUR/USD exchange rate was last observed at 1.1695 during the European session, marking a new two-week low after retreating from an intraday … Read more