The EUR/USD pair is experiencing modest gains, hovering around the 1.1380 mark during the early hours of Thursday’s Asian session. Fed’s Warsh indicated that decisions regarding interest rates will be conducted in private sessions and dismissed the notion of providing forward guidance. Eurozone inflation moderated more than anticipated last month, thereby reducing the urgency for … Read more
EUR/USD has declined to approximately 1.1410 during the early Asian session on Wednesday. Cooling inflation in Germany has diminished expectations for ECB rate hikes. The US economy continues to demonstrate resilience, providing the Federal Reserve with sufficient latitude to uphold its hawkish monetary policy approach. The EUR/USD pair experiences a decline in momentum, approaching 1.1410 … Read more
The EUR/USD pair experiences a decline, approaching the 1.1415 mark during the early hours of Tuesday’s Asian session. ECB’s Lagarde stated that Europe is becoming increasingly resilient to economic shocks. Markets anticipate an increase in US interest rates later this year. The EUR/USD pair is experiencing slight declines, trading near 1.1415 in the early hours … Read more
The EUR/USD pair may experience a decline as the US Dollar is likely to strengthen due to the prevailing uncertainty associated with tensions in the Middle East. The US and Iran have temporarily halted hostilities in the Gulf to reengage in discussions regarding the Strait of Hormuz after a series of retaliatory strikes over the … Read more
EUR/USD has declined to approximately 1.1365 during the early Asian session on Friday. The US PCE price index experienced a year-on-year increase of 4.1% in May. Markets reduce expectations for future ECB rate increases after cautious remarks from policymakers. The EUR/USD pair is experiencing a decline, trading at approximately 1.1365 during the early hours of … Read more
EUR/USD is advancing towards 1.1370 during the early European session on Thursday. The bearish outlook of the major pair remains intact below the key 100-day SMA, with oversold RSI momentum. The initial support level to monitor is 1.1350; the first upside barrier is identified at 1.1411. The EUR/USD pair is currently positioned in positive territory, … Read more
The EUR/USD pair has experienced a decline, settling at approximately 1.1380 during the early hours of the Asian session on Wednesday. Trump asserted that Iran consented to an increase in United Nations nuclear inspections. Anticipations surrounding potential rate increases in the United States may bolster the value of the US Dollar. The EUR/USD pair is … Read more
EUR/USD remains within a narrow range as market participants observe the developments in the diplomatic discussions between Washington and Tehran taking place in Switzerland. US Vice President JD Vance observed that negotiations have achieved “great progress,” notwithstanding some persistent friction. ECB President Lagarde characterised inflation as “too large to ignore,” while also noting the absence … Read more
The EUR/USD pair has experienced a decline, approaching the 1.1465 level during the early European session on Monday. The pair maintains a bearish sentiment, with downside pressure dominating as the RSI remains below the midline. The initial downside target to monitor is 1.1450, while the immediate resistance level is identified at 1.1570. The EUR/USD pair … Read more
During Friday’s early Asian session, EUR/USD moves up to about 1.1460. With the US announcing the end of its blockade, the US-Iran interim ceasefire agreement has taken effect. In anticipation of the possibility that the Federal Reserve would start raising interest rates as early as late next month, traders have positioned themselves more and more. … Read more