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
EUR/USD moves upward on Monday, increasing by over 0.40% as traders move away from the US Dollar due to a decline in risk appetite. This shift follows Trump’s decision to intensify the US-European Union trade conflict, influenced by the White House’s interests in Greenland. The pair is currently trading at 1.1642, having recovered from daily … Read more
The EUR/USD pair experiences a decline despite the Dollar reducing some of its previous gains on Friday, influenced by robust US economic data released throughout the week, which has enhanced the labor market outlook. This reduced the likelihood of additional easing by the Federal Reserve, providing support for the Greenback. The pair is currently trading … 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 breaks its seven-day losing streak as the Greenback faces widespread pressure. Concerns regarding the independence of the Federal Reserve are impacting the value of the US Dollar. The pair is exhibiting diminishing bearish momentum; however, it does not demonstrate strong bullish conviction beneath the 1.1700 psychological threshold. The Euro is showing signs of recovery … Read more
EUR/USD continued its downward trend over the week, set to record losses of 0.70%, having declined by 0.20% on Friday, even in light of mixed economic data from the US. In the European Union, Retail Sales surpassed expectations; however, traders continue to concentrate on the movements of the US economy and the Dollar. The pair … 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
EUR/USD continues to decline for the third consecutive day this week, decreasing approximately 0.10% as the Greenback strengthens following a robust Purchasing Managers Index report from the ISM, coupled with a strong jobs report. Meanwhile, inflation has slowed in the Eurozone, staying close to the European Central Bank’s target and impacting the shared currency. The … 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 recovers from the lows of 1.1710 as risk appetite strengthens, even in light of geopolitical developments related to Venezuela. Soft US manufacturing data exerts downward pressure on the US Dollar, even in light of Kashkari’s hawkish remarks. Market participants are closely monitoring upcoming Eurozone PMIs, inflation figures, and significant US reports, including NFPs, for … Read more