EUR/USD remains stable near 1.1770 during the early Asian session on Tuesday. US Pending Home Sales increased by 3.3% month-over-month last month, surpassing expectations. Market participants prepare for the FOMC Minutes on Tuesday in search of new insights. The EUR/USD pair remains stable around 1.1770 in the early Asian session on Tuesday. Market participants are … Read more
Euro bulls made an effort to drive the EUR/USD pair closer to the significant resistance level at 1.1800 and are maintaining their gains as Wednesday’s session begins. The onset of the annual holiday season is upon us, characterized by diminished market liquidity and the inclination of investors to establish positions for the upcoming year, aiming … Read more
EUR/USD edges higher during the North American session, up 0.42% amid growing speculation that the Federal Reserve would continue easing policy, amid a scarce economic docket on both sides of the Atlantic. The pair is currently at 1.1757, having recovered from daily lows of 1.1706. EUR/USD increases by 0.42% to 1.1757, recovering from 1.1706 as … Read more
The EUR/USD pair fell to approximately 1.1700 following the European Central Bank’s decision to keep key interest rates steady, a move that was largely expected and offered minimal new direction for the single currency. The main refinancing rate was maintained at 2.15%, while the deposit facility rate remained steady at 2.0%. ECB officials reaffirmed their … Read more
EUR/USD experienced a pullback on Thursday following a packed economic schedule across both sides of the Atlantic. The recent inflation data in the US, coupled with the European Central Bank’s decision to maintain interest rates steady during the final meeting of the year, had minimal impact on the value of the euro. Currently, the pair … Read more
EUR/USD remains steady near its opening price from Wednesday, approximately 1.1750, showing little movement in light of a limited economic calendar in the US that has seen a recovery in the Dollar. In the meantime, inflation data from the Eurozone and a decline in business confidence in Germany continued to exert pressure on the single … Read more
EUR/USD remains steady at approximately 1.1750, showing little movement following the recent US jobs report, which bolstered the likelihood that the Federal Reserve may persist with its easing cycle into the upcoming year. As of the current moment, the pair has recorded slight losses of 0.04%. EUR/USD remains stable as US employment figures bolster anticipations … Read more
EUR/USD remains stable above the 1.1700 level on Monday as the US Dollar shows signs of weakness, with market participants anticipating the upcoming Nonfarm Payrolls report on Tuesday. As of the current moment, the pair is trading at 1.1739, remaining stable. EUR/USD is currently positioned at 1.1739 as the Dollar experiences a decline, with the … Read more
EUR/USD remains steady at approximately 1.1741 on Friday, showing little movement, as a series of Federal Reserve officials make statements, following the 25 basis points rate cut announced last Wednesday. Federal Reserve representatives emphasize worries about inflation, solidifying a cautious approach following the rate reduction on Wednesday. The attention of the market shifts towards postponed … Read more
EUR/USD shows an upward movement during the North American session on Thursday, increasing by 0.41% following the Federal Reserve’s decision to lower interest rates, coupled with the release of disappointing job data in the United States. Currently, the pair is trading at 1.1742, having recovered from daily lows of 1.1682. The Euro gains traction amid … Read more