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
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
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
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
