ForexNewsPlus Updates

EUR/USD Slips After ECB Holds Rates Despite Hawkish Tone

The euro experienced an ascent on Thursday morning in anticipation of the European Central Bank’s decision, only to relinquish those gains within minutes following the announcement. The EUR/USD pair hovered near 1.1410 during the Asian trading session, marking a continuation of gains for the second consecutive day, reaching a peak of 1.1434 prior to the … Read more

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EUR/USD Falls After ECB Holds Rates, Dollar Stays Firm

The euro experienced an upward trajectory on Thursday morning in anticipation of the European Central Bank’s decision, only to relinquish those gains within minutes following the announcement. The EUR/USD pair was observed trading near 1.1410 during the Asian trading hours, marking a continuation of gains for the second consecutive session. It reached a peak of … Read more

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EUR/USD Holds Near One-Year Low Ahead of ECB Decision

EUR/USD traded near 1.1411 on Wednesday, reflecting a slight increase of 0.11% during the session, yet remaining close to one-year lows. The pair has continued a week and a half of directionless fluctuations within the range of approximately 1.1380 and 1.1480. The euro remains indecisive, primarily due to traders’ hesitance ahead of Thursday’s European Central … Read more

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EUR/USD Holds Above 1.1400 as ECB Comes Into Focus

EUR/USD remains anchored around 1.1426, oscillating within a narrow range of 1.1400-1.1485 that has confined the pair for the past week and a half, preventing any decisive movement in either direction. The euro settled Monday down 0.08% at 1.1426, hovering just above the 200-period moving average at 1.1434 and pinned below the 50-period average at … Read more

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EUR/USD Holds Near 1.1450 Ahead of ECB, Fed Meetings

The euro maintained an early recovery close to 1.1450 against the dollar throughout Monday’s European session, with the pair rebounding as the greenback weakened in anticipation of a week featuring two central-bank decisions and a series of growth data releases. The dollar index slipped 0.1% to 100.65, providing the single currency with an opportunity to … Read more

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EUR/USD Rangebound Ahead of ECB Decision

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

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EUR/USD Holds Near 1.145 as Fed Rate Edge Caps Euro Gains

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

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EUR/USD Holds Near One-Month High as Fed Rate Bets Ease

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

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EUR/USD Trades Near Key Support Amid Middle East Tensions

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

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EUR/USD Stable Before US CPI as Fed Rate Bets Rise

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