EUR/USD experiences a decline for the fourth straight day on Friday, approaching the 1.1500 level. The diminishing expectations for a rapid resolution to the Iran conflict continue to exert pressure on the Euro. The price action has breached the lower boundary of the upward channel, indicating a potential continuation of the downtrend. The Euro is … Read more
The EUR/USD exchange rate experienced a modest decline, despite Christine Lagarde signaling the potential for interest rate increases by the European Central Bank. It was positioned at 1.1560, slightly beneath this week’s peak of 1.1630. The EUR/USD pair continued to face downward pressure following remarks from Lagarde, the president of the European Central Bank, suggesting … Read more
EUR/USD moves upward to approximately 1.1630 during the early Asian session on Wednesday. Trump indicated that the United States is engaged in discussions with Iran aimed at concluding the conflict. Analysts at Goldman Sachs anticipate that the ECB will raise rates in April and June. The EUR/USD pair shows resilience, approaching 1.1630 in the early … Read more
EUR/USD experiences a slight decline, trading near 1.1580 during the early hours of Tuesday’s European session. Increasing tensions in the Middle East are strengthening the US Dollar, which is regarded as a safe-haven currency. Current market expectations indicate that the ECB is likely to implement a minimum of two rate hikes in 2026. The EUR/USD … Read more
EUR/USD eases to approximately 1.1560 during the early Asian session on Monday. Iran has stated that it will strike the energy facilities in the region should the US or Israel target power plants. Market participants anticipate that the ECB will implement an interest rate increase as soon as April, driven by escalating inflation concerns stemming … Read more
Francesco Pesole emphasizes that the ECB’s careful communication conceals a hawkish pivot, as officials are said to be contemplating an April rate increase should inflation exceed expectations. Current market conditions reflect expectations for earlier tightening and increased probabilities of consecutive rate adjustments. Economists anticipates a heightened upside potential for the Euro, suggesting that EUR/USD could … Read more
EUR/USD falls to around 1.1465 in the early Asian session on Thursday. The Federal Reserve kept its overnight lending rate unchanged during the March meeting on Wednesday. The anticipation is that the ECB will keep the key interest rates steady at their existing levels this Thursday. The EUR/USD pair sees a drop, hovering around 1.1465 … Read more
EUR/USD is currently consolidating around 1.1532 on Wednesday, as market participants take a cautious approach in anticipation of the Federal Reserve’s upcoming decision. The Fed is anticipated to maintain the current interest rates. Market participants will closely monitor Jerome Powell’s remarks, especially regarding the potential impact of oil market fluctuations on the policy trajectory. Increasing … Read more
EUR/USD maintains a favorable position near 1.1450 during the Asian session on Monday. The pair maintains a bearish sentiment beneath the significant 100-day EMA, indicating that the most likely direction is downward, supported by an oversold RSI momentum. The primary resistance level to monitor is 1.1510, while the first support level appears at 1.1415. The … Read more
The EUR/USD exchange rate maintained its significant downward trajectory this week. The asset experienced a decline over three consecutive days, hitting a low of 1.1545, a decrease from the year-to-date peak of 1.2080. The EUR/USD pair has experienced downward pressure recently, declining from a peak of 1.2080 to its current level of 1.1545. This retreat … Read more