Introduction The EUR/USD market has been experiencing a tough week, with traders struggling to make significant gains due to a lack of fundamental drivers. The US dollar has been trading sideways all week, despite hawkish Fed speak that has threatened to push the greenback higher. In this article, we will
The EUR/USD exchange rate has been a hot topic in the world of finance over the past week, with investors watching closely to see how it will perform. Despite stronger economic data from the United States, the EUR/USD has managed to recover some ground, and is currently trading at 1.0988
The EUR/USD pair has been trading within a very tight range for the past week, showing little desire to make a break. This lack of momentum has been attributed to a variety of factors, including a lack of significant economic data releases and a general sense of uncertainty surrounding global
The Euro (EUR) and US Dollar (USD) are two of the most important currencies in the world. They are widely used in international trade and finance, and their exchange rate is closely watched by traders and investors. Recently, the EUR/USD pair has been snaking along in the mid 1.09s, with
Introduction The EUR/USD currency pair has been on a rollercoaster ride in recent weeks, losing ground in the last two regular sessions but bouncing back from confluence support near the psychological 1.0900 level. This article will analyze the daily chart to provide a detailed analysis of the pair’s recent price
Introduction: The EUR/USD pair is one of the most closely watched currency pairs in the foreign exchange market. As of Thursday’s early European session, the pair was trading in the mid 1.09s versus the US Dollar. However, it has pulled back from the recent highs of 1.1075 seen on April
Introduction: The EUR/USD pair has been on a northward path, bouncing from a confluence support level near the psychological 1.0900 level. This level is where two major trendlines converge, as shown on the daily chart. In late trading, the pair was up 0.42% to 1.0972, supported by relatively benign market
Introduction: The Euro (EUR) has been slipping against the US Dollar (USD) in recent sessions, with the pair trading in the 1.0930s during the European session on Wednesday. This represents a drop of a third of a percentage point on the day. This correction comes after the pair briefly reached
The EUR/USD pair has fallen by around 170 pips over the last two days, but is now pushing higher and eyeing a re-test of the 1.1000 level. This comes after the US dollar rallied on Monday, thanks to higher US Treasury yields. However, the dollar is slipping lower today, which
The euro has gained ground against the US dollar, as fresh buying interest has emerged in the market. This has seen EUR/USD rise to the 1.0960 zone on Tuesday, indicating a trend of increasing demand for the European currency. The recent rise in the euro is being driven by a
European Central Bank (ECB) policymaker Pierre Wunsch has recently emphasized the need for the central bank to continue its rate hiking efforts while also taking steps to reduce its massive 3.2 trillion-euro balance sheet. In this article, we will discuss the potential impact of these actions on the economy and
Introduction: The Euro’s recent attempt to advance further last Friday was met with disappointment as it failed to reach a key resistance level. The currency eeked out a fresh high of 1.1075 before tumbling to end the day lower by -0.40% (1.1000). Although there is scope for the Euro to