The fundamental configuration in EUR/USD features a 2.0% ECB deposit rate maintained, juxtaposed with a Fed that recently experienced a headline CPI decline to 2.7% year-on-year, compared to a consensus of 3.1%. The interplay of these factors diminishes the strength of the USD narrative, particularly as the ECB indicates that its current policy stance is … Read more
The EUR/USD pair is currently positioned within the 1.1730–1.1750 range, following a retracement from last week’s peak near 1.1760–1.1762, marking the highest level observed in approximately two months. The pair momentarily exceeded 1.1750 before retreating to the 1.1730–1.1740 range, yet the price continues to hold above last week’s lows and significantly above the mid-November support … Read more
On December 12, EUR/USD is positioned near 1.173–1.174, following a rise to a 10-week peak in the 1.1750–1.1762 range, reflecting an increase of nearly 2% over the past three weeks. The pair has decisively moved beyond the 1.16–1.17 congestion band and is currently approaching a resistance cluster between 1.1760 and 1.1788. The market is evidently … Read more
EUR/USD is currently positioned at $1.1720, reflecting an increase of nearly 0.8% over the past two sessions, following the Federal Reserve’s third consecutive 25 basis points rate cut, which has led to a depreciation of the US Dollar. The Federal Reserve has lowered the funds range to 3.50%–3.75%, marking its lowest level in three years, … Read more
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