The EUR/USD pair has experienced a decline, approaching the 1.1465 level during the early European session on Monday. The pair maintains a bearish sentiment, with downside pressure dominating as the RSI remains below the midline. The initial downside target to monitor is 1.1450, while the immediate resistance level is identified at 1.1570. The EUR/USD pair … Read more
During Friday’s early Asian session, EUR/USD moves up to about 1.1460. With the US announcing the end of its blockade, the US-Iran interim ceasefire agreement has taken effect. In anticipation of the possibility that the Federal Reserve would start raising interest rates as early as late next month, traders have positioned themselves more and more. … Read more
EUR/USD maintains a favourable position near 1.1515 during the early hours of Thursday’s Asian session. Trump and Pezeshkian signed the US-Iran MoU to end the war. The Federal Reserve opted to maintain its benchmark interest rate during its June policy meeting, aligning with market expectations. The EUR/USD pair recovers some lost ground near 1.1515 during … Read more
EUR/USD remains stable around 1.1610 during the early Asian session on Wednesday. The Federal Reserve is poised to maintain its benchmark interest rate at the upcoming June policy meeting. Trump may unveil the US-Iran deal prior to Friday. The EUR/USD pair remains stable around 1.1610 in the early hours of the Asian session on Wednesday. … Read more
EUR/USD moves up to approximately 1.1590 during the early Asian session on Tuesday. Trump and Vice President JD Vance executed an electronic version of a memorandum of understanding with Iran. The Federal Reserve is poised to maintain its benchmark interest rate at its June policy meeting. The EUR/USD pair is currently positioned in positive territory, … Read more
EUR/USD experiences an upward movement as the US Dollar shows signs of weakness, attributed to reports regarding a US-Iran peace agreement aimed at reopening the Strait of Hormuz. Trump announced that the agreement with the Islamic Republic of Iran is now finalised. Markets are currently factoring in an additional rate hike from the ECB, with … Read more
EUR/USD drifts higher to near 1.1575 in the early Asian session on Friday. The ECB announced a quarter-point rate hike on Thursday, raising its deposit facility rate to 2.25%. Trump announced the cancellation of proposed military strikes against Iran. The EUR/USD pair strengthens to approximately 1.1575 in the early hours of Asian trading on Friday. … Read more
EUR/USD shows resilience, climbing to approximately 1.1540 in the early hours of Thursday. The ECB is anticipated to increase interest rates on Thursday. US initiates new military actions against Iran, heightening concerns about an extended conflict in the Middle East. The EUR/USD pair is positioned in positive territory close to 1.1540 during the early hours … Read more
The EUR/USD pair has softened to approximately 1.1540 during the early Asian session on Wednesday. The US initiated military strikes against Iran in response to the incident involving the downed helicopter. The ECB is anticipated to increase interest rates during its monetary policy meeting on Thursday. The EUR/USD pair experiences a decline in momentum, approaching … Read more
EUR/USD has softened to approximately 1.1530 during the early Asian session on Tuesday. Israeli Prime Minister Netanyahu stated that the conflict with Iran and Hezbollah “has not yet ended.” The ECB is anticipated to increase its key interest rates by 25 basis points during its June meeting on Thursday. The EUR/USD pair is currently experiencing … Read more
