The EUR/USD pair fluctuated within the range of 1.1375 to 1.1385 on Thursday, marking a continuation of its decline for a third consecutive session and reaching its lowest point since July 28 during the Asian trading hours. The pair has now declined in seven of the past nine sessions, with the euro depreciating by 2.53% … Read more
EUR/USD records slight increases around 1.1480 during the early Asian trading session on Friday. Easing Treasury yields and a pullback in oil are exerting downward pressure on the US Dollar. ECB policymakers perceive a heightened risk of inflationary pressures. The EUR/USD pair is experiencing modest gains, hovering around 1.1480 in the early hours of the … Read more
EUR/USD stabilises around 1.1610 during the early Asian session on Friday. The ECB has increased its key deposit rate by 25 basis points to 2.50%, a decision that was largely anticipated by market participants. Markets are currently reflecting a 70% probability of a Federal Reserve rate increase in September. The EUR/USD pair remains stable at … Read more
EUR/USD trades at 1.16298, reflecting an increase of 0.0005 or 0.05%, with the emphasis on the lack of significant movement. The pair has appreciated by 0.76% over the past month, while it has depreciated by 0.62% over the course of twelve months. During a session in which Brent reached $101, the U.S. 10-year yield registered … Read more
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
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
