EUR/USD starts the week at approximately 1.1540. In the wake of a tumultuous week, market focus has transitioned from the Federal Reserve meeting to the latest US economic indicators. Investors will evaluate whether the forthcoming data strengthens the argument for a September rate increase or, on the other hand, indicates a slowdown in the US … Read more
EUR/USD has declined to approximately 1.1500 during the early European session on Friday. The pair maintains a bearish sentiment in the short term, remaining below the 100-day SMA. The first upside barrier emerges at 1.1510; the initial support level is seen at 1.1425. The EUR/USD pair is positioned in negative territory, hovering around 1.1500 during … Read more
EUR/USD experiences slight declines, hovering around 1.1465 during the early hours of Thursday’s Asian session. While the Fed maintained its interest rates at the July meeting, Warsh asserted that the central bank would intervene on inflation if necessary. The preliminary readings of the Eurozone and German GDP for Q2 are anticipated later on Thursday. The … Read more
The EUR/USD pair experiences an upward movement as the US Dollar exhibits signs of weakness in anticipation of the Federal Reserve’s expected decision to maintain interest rates. Traders are factoring in an unusually high 30.5% probability of an immediate rate hike, indicating a notable degree of policy uncertainty. The ECB is anticipated to implement a … Read more
EUR/USD reaches new monthly lows beneath 1.1360, approaching 13-month lows at 1.1324. A subdued risk appetite in the context of declining oil prices has not been sufficient to bolster the Euro. The US Dollar rallies to fresh highs amid hopes of a surprise Fed rate hike on Thursday. The Euro is failing to draw any … Read more
EUR/USD commences the last week of July at 1.1369. Friday’s modest decline in energy prices diminished expectations that the Federal Reserve might raise rates as soon as its forthcoming meeting, set for Tuesday and Wednesday. Simultaneously, the primary currency pair hovers near the monthly low established in late June. Markets persist in anticipating a minimum … Read more
EUR/USD edges higher to around 1.1385 in the early European session on Friday. ECB maintains current interest rates while leaving the possibility for further tightening on the table, thereby bolstering the Euro. The US military executed another series of strikes during the night aimed at Iranian targets. The EUR/USD pair strengthens to approach 1.1385 during … Read more
The EUR/USD pair is experiencing an upward movement as market participants look forward to the forthcoming interest rate decision from the European Central Bank. The ECB is anticipated to maintain its deposit rate at 2.25%, directing market attention towards Christine Lagarde’s forthcoming conference. The US Dollar encounters pressure as traders assess the implications of renewed … Read more
EUR/USD records slight increases around 1.1405 during the early hours of Wednesday’s Asian session. Increasing energy expenses may reignite inflationary pressures and bolster the argument for additional tightening measures by the ECB. Trump downplayed the likelihood of prompt negotiations with Iran as the United States continues its assaults on the nation for the 11th consecutive … Read more
EUR/USD is experiencing slight declines, hovering around 1.1410 in the early hours of Tuesday’s Asian session. The United States has initiated new military actions against Iran, while the Houthis have declared a maritime embargo. Market participants perceive a diminished likelihood of an interest rate increase during the Federal Reserve’s July meeting. The EUR/USD pair experiences … Read more
