Euro Currency
FX News EUR/USD Rises on Stronger ECB Rate Hike Expectations
EUR/USD records slight increases around 1.1655 during the early hours of Thursday’s Asian session. Money markets are preparing for a more aggressive stance from the ECB. Fed Chairman…
FX News EUR/USD Holds Near 1.1675 Ahead of US PCE Inflation Data
EUR/USD remains stable at approximately 1.1675 during the early hours of Wednesday’s Asian session. US Treasury buybacks may exert downward pressure on the US Dollar, as traders prepare…
FX News EUR/USD Rises as ECB Rate Hike Bets Strengthen
The Euro appreciates as increasing oil prices, elevated bond yields, and tensions in the Middle East bolster expectations for a rate hike by the ECB in September. The…
FX News EUR/USD rises on dollar weakness and Eurozone inflation
The EUR/USD pair experiences an uptick as the US Dollar weakens in response to the announced buyback plans for US Treasury bonds. Escalating geopolitical tensions between the US…
FX News EUR/USD Rises as Eurozone Inflation Fuels ECB Rate Hike Bets
Strong inflation in the Eurozone, coupled with escalating petrol prices, bolsters expectations for additional interest rate increases by the ECB. Resurgent US Treasury yields may limit EUR/USD gains…
FX News EUR/USD Rises as German Data Boosts Euro
EUR/USD edges higher to approximately 1.1585 in the early European session on Wednesday. The pair maintains a positive perspective above the 100-day SMA, supported by bullish RSI momentum.…
FX News EUR/USD Pulls Back as Middle East Tensions Boost Dollar
The EUR/USD pair experiences a decline to approximately 1.1575, interrupting its three-day upward trend during the early European session on Tuesday. The Euro edges lower against the US…
FX News EUR/USD Rises as Weak US Data Weigh on Dollar
EUR/USD advances slightly to approach 1.1575 during the early hours of Monday’s Asian session. The probability of a September Federal Reserve rate increase has decreased to 33.1%. The…
FX News EUR/USD Stays Near 1.15 Despite Softer US Inflation
EUR/USD stood at 1.1537 on Friday, as markets continued to analyse the latest economic data. Soft US inflation figures have diminished expectations for a Federal Reserve rate hike…
FX News EUR/USD Rises as Softer US Inflation Weighs on Dollar
The EUR/USD pair experiences an uptick as the US Dollar faces challenges due to a moderation in US inflation for July, which in turn diminishes expectations for a…
FX News EUR/USD Holds Near 1.1550 Ahead of Key US Inflation Data
EUR/USD remains positioned beneath 1.1550 following a retreat from the previous week’s peak at 1.1580. Robust inflation in Germany has not bolstered the Euro, as apprehensions regarding escalating…
FX News EUR/USD Declines as Middle East Tensions Shake Global Markets
EUR/USD depreciates as rising geopolitical tensions in the Strait of Hormuz disrupt global markets. Market caution rises as Iran considers banning US and Israeli ships and penalizing hostile…