EUR/USD is currently positioned around 1.1665, holding steady above its recent breakout range following a rebound from 1.1525, a level that was previously identified as a significant Fibonacci zone. The pair holds steady as markets prepare for a pivotal Federal Reserve policy meeting anticipated to set the course heading into year-end. Market participants are aligning … Read more
The EUR/USD pair concluded the week around 1.1600, continuing its consolidation phase for the fourth week in a row. In light of the volatility observed in risk assets, the pair has consistently traded within the range of 1.1400 to 1.1720, indicating a strategic equilibrium between a dovish Federal Reserve and a prudent European Central Bank. … Read more
The EUR/USD pair concluded the week at approximately 1.1601, reflecting a weekly increase of 0.81% and a monthly rise of 0.59% for November. The recent action comes in light of the ongoing decline in the US Dollar Index, which has fallen to 99.44 as market participants raised their expectations for a 25-basis point rate cut … Read more
The EUR/USD pair is currently stabilizing around 1.1600, marking its fourth consecutive day of gains. This trend is driven by a notable weakness in the U.S. Dollar and the differing monetary policies of the Federal Reserve and the European Central Bank. The euro’s rise from last week’s 1.1460 lows has emerged as one of the … Read more
The EUR/USD pair is currently stabilizing around the 1.1580 level, consolidating following a significant three-session rally from 1.1420. This movement has been influenced by a notable repricing in Federal Reserve rate expectations and a positive shift in risk sentiment across Europe. The pair has successfully regained essential levels within the range of 1.1550–1.1600, surpassing its … Read more
The EUR/USD pair is currently positioned around 1.1540, showing an upward trend following a rebound from 1.1490 on Friday. The recovery came after a week characterized by significant fluctuations in global assets and a resurgence of optimism regarding a potential 25-basis-point rate cut by the Federal Reserve in December. The likelihood of this move has … Read more
EUR/USD is currently trading at 1.1514, positioned slightly above its significant two-week low of 1.1500, as market participants assess the contrasting fundamentals of the Federal Reserve and the European Central Bank. The pair experienced a decline of nearly 0.9% this week, influenced by weakening Eurozone data, increasing speculation regarding U.S. rate cuts, and uncertainty surrounding … Read more
The EUR/USD pair continues to experience persistent downward momentum, currently trading around 1.1560 after recording losses for the third consecutive session. The pair briefly reached 1.1540, establishing a new two-week low, as the U.S. Dollar regained strength in anticipation of the FOMC minutes and Non-Farm Payrolls. Market sentiment continues to be defensive, as traders adopt … Read more
The EUR/USD has ascended into the 1.1615–1.1630 range following a breach of a resistance level that had held the pair back for several weeks. This movement was propelled by a U.S. Dollar that experienced immediate weakening after the conclusion of a 43-day government shutdown, marked by a close 222–209 vote in the House. The recent … Read more
The EUR/USD pair was seen trading between 1.1550 and 1.1565 during Monday’s European session, reflecting a period of consolidation after three sessions marked by volatility due to U.S. fiscal developments and mixed macroeconomic data. The euro held steady against the U.S. dollar despite progress in Washington towards ending the historic government shutdown, a political shift … Read more