EUR/USD experiences a rally for the second consecutive day, achieving gains exceeding 0.69% as the US Dollar is sidelined in light of US President Trump’s threats to impose duties on European nations amid his ambitions regarding Greenland. At the time of writing, economic data in Europe and the US is not the primary focus. The … Read more
The GBP/USD pair is experiencing upward momentum, reaching approximately 1.3400 in the early hours of the Asian session on Monday. The US Dollar is experiencing a decline in value relative to the Pound Sterling as US President Donald Trump issues new tariff threats towards Europe concerning Greenland. The US markets will remain closed on Monday … Read more
EUR/USD is experiencing losses on Tuesday, despite the recent benign inflation data from the United States, suggesting that the Federal Reserve may indeed lower interest rates as anticipated by the financial markets. Currently, the pair is trading at 1.1642, reflecting a decline of more than 0.20%. The EUR/USD pair experiences a decline as robust US … Read more
EUR/USD declines for the fourth consecutive day on Thursday, influenced by stronger-than-anticipated jobs economic data. The data from the Eurozone confirmed to traders that the European Central Bank’s easing cycle has concluded, as producer prices in the region experienced deflation in December. Currently, the pair is trading at 1.1652, reflecting a decrease of 0.19%. EUR/USD … Read more
The EUR/USD fell by more than 0.28% on Tuesday, despite mixed economic data from the United States, as Federal Reserve officials provided neutral to dovish remarks. Meanwhile, data in the Eurozone indicates a slowdown in economic activity within the bloc. The pair is currently trading at 1.1690, following a peak of 1.1742. EUR/USD declines by … Read more
EUR/USD is showing positive momentum, approaching 1.1755 during the early European session on Friday. The major pair maintains a positive outlook, remaining above the significant 100-day EMA, accompanied by rising RSI momentum. The primary resistance level to monitor is 1.1820, while the first support level is identified at 1.1655. The EUR/USD pair is currently positioned … Read more