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
EUR/USD experienced a notable increase of over 0.59% on Wednesday following the Federal Reserve’s anticipated rate cut. This “dovish hold” led traders to move away from the Dollar and invest in the Euro. Currently, the pair is trading close to daily highs of 1.1695, following a rebound from daily lows of 1.1620. The EUR/USD pair … Read more
The EUR/USD pair advances to approximately 1.1645 in the early European session on Tuesday. The anticipation of a US interest rate cut on Wednesday exerts pressure on the US Dollar in comparison to the Euro. Market participants will monitor the US ADP Employment Change four-week average and Jolts Job Openings reports for September and October, … Read more
The EUR/USD pair commenced the week favorably, climbing to 1.1653. The recent shift was driven by increasing anticipation for a Federal Reserve rate cut this Wednesday, which continues to exert pressure on the US dollar. The current market assessment indicates an 88% likelihood of a 25-basis-point cut, reflecting a notable rise from the 67% probability … Read more
The EUR/USD held its ground, set to conclude the week with an increase of 0.39%. Trading activity slowed, constrained by the 1.1650 level as market participants focused on the Federal Reserve’s upcoming decision next week. EUR/USD is currently consolidating around 1.1650, as technical indicators suggest a potential bearish momentum. US inflation meets expectations, and there … Read more
The Euro experienced a slight decline on Thursday as market participants analyze the latest US employment figures while preparing for the upcoming release of the Federal Reserve’s favored inflation measure, the Core Personal Consumption Expenditures Price Index. Currently, the EUR/USD is positioned at 1.1649, reflecting a decrease of 0.19%. US Initial Jobless Claims experienced a … Read more