The European Central Bank undertook a significant action on Thursday, yet the euro exhibited minimal reaction. EUR/USD traded near 1.1550 following the ECB’s decision to raise its Deposit Facility Rate by 25 basis points to 2.25%, marking the first rate increase in nearly three years. Despite this development, the single currency struggled to gain any … Read more
EUR/USD was observed around 1.1555 by midday Wednesday, trending down towards multi-week lows ahead of the European Central Bank decision that has already been priced in by money markets. The June 11 meeting reflects a complete market-implied probability of a 25-basis-point increase, which would elevate the deposit facility rate from 2.00% to 2.25%. This marks … Read more
EUR/USD is trading just above $1.15 on Tuesday, June 9, remaining near its lowest point since early April, despite the European Central Bank’s impending interest rate hike on Thursday. The pair has declined approximately 0.7% over the week following a robust US jobs report that propelled the dollar upward, pulling the euro down from the … Read more
EUR/USD began the new week at 1.1520. The US dollar ended last week with gains of more than 1% following a strong US labour market report. In May 2026, the US economy added 172,000 jobs, significantly above the market forecast of 85,000. The data exceeded expectations, reinforcing confidence in the resilience of the US economy. … Read more
EUR/USD is a tightly wound spring positioned between two aggressive monetary policy stances. On one side, the Federal Reserve has received a robust jobs report that exceeded expectations, invigorating the dollar and pushing Treasury yields to 4.54%. Conversely, the European Central Bank is poised to increase interest rates on June 11, as eurozone inflation reaches … Read more
EUR/USD remains firmly anchored. The pair is currently trading around 1.1610, positioned at the lower end of its annual range, following a strong dollar that has driven it to a six-week low against the greenback. The euro isn’t weak in any absolute sense — it’s simply constrained, trapped within a narrow range below a series … Read more
The euro is facing a highly probable interest rate increase yet is declining nonetheless. EUR/USD maintained a position above 1.1600, experiencing moderate losses during European trading on Wednesday, hovering around 1.1640 after closing at 1.1649 on Tuesday, and remaining significantly below its January peak near 1.1974. That is the conundrum that has currency desks perplexed: … Read more
The EUR/USD pair represents the most straightforward conundrum currently available, and its resolution encapsulates the entirety of the trading landscape. The euro trades near 1.1637 on June 2, reflecting a marginal increase of 0.05% during the session, yet it remains at its lowest point since April 7. Here’s the part that confounds many: the European … Read more
Here’s the puzzle that defines this pair right now: the European Central Bank is poised to increase interest rates, the euro’s domestic narrative has become more favourable than it has been in months, yet the currency continues to decline to new six-week lows. EUR/USD is currently trading around 1.1650, positioned at the weaker end of … Read more
As the market considers a carefully balanced mix of euro-positive and dollar-positive events, EUR/USD starts the final session of May trading around the 1.1640 level, hovering a few pips above recent multi-week lows and stabilising in a tight band. The pair has regained momentum over the past week, establishing a position above the 1.1600 mark … Read more