EUR/USD rises toward 1.1800 as trade tensions pressure the US Dollar
The EUR/USD pair trades firmer near 1.1795 in early Asian trading on Tuesday, supported by a softer US Dollar (USD). Ongoing uncertainty surrounding US trade tariffs is weighing on the Greenback and helping the Euro (EUR) gain ground. Meanwhile, markets are also watching the US January Producer Price Index (PPI) report due later this week. […]
EUR/USD stays weak below the mid-1.1800s, but losses may be limited
The EUR/USD pair faces selling pressure for a second straight day on Tuesday, trading below the mid-1.1800 region during the quiet Asian session. Even so, the overall fundamentals suggest traders should be cautious about expecting a deeper decline. The US Dollar Index (DXY), which measures the US Dollar against major currencies, holds on to its […]
EUR/USD weakens as US jobs data trims Fed rate cut bets
The EUR/USD pair trades in negative territory for the third consecutive day near 1.1860 during the early European session on Thursday. Traders will keep an eye on the US weekly Initial Jobless Claims data. On Friday, the attention will shift to the US Consumer Price Index (CPI) inflation report. The Greenback strengthens against the Euro […]
EUR/USD moves higher above 1.1900 ahead of US January NFP report
The EUR/USD pair advances toward 1.1915 in early European trading on Wednesday, supported by a softer US Dollar. Investors are likely to adopt a cautious stance later in the session as they await the delayed US January employment report, which could shape expectations around Federal Reserve policy. Disappointing US Retail Sales figures weighed on the […]
EUR/USD dips toward 1.1900 as focus shifts to US economic data
The EUR/USD pair edged lower to near 1.1905 during early European trading on Tuesday, ending a two-day advance. Traders remained cautious ahead of key US economic releases, including employment and inflation data that were delayed following the recent four-day government shutdown. White House economic adviser Kevin Hassett said on Monday that US job creation could […]
EUR/USD edges higher above 1.1800 ahead of Eurozone inflation data
The EUR/USD pair trades modestly higher around 1.1830 during early European trading on Wednesday. However, upside momentum may remain capped as investors stay cautious following the swift resolution of a partial US government shutdown. Market attention later in the session will turn to the preliminary Eurozone Harmonized Index of Consumer Prices (HICP) data, which could […]
EUR/USD stays under pressure near 1.1850 as Warsh nomination lifts USD sentiment
The EUR/USD pair remains subdued around the 1.1850 level during late Asian trading on Monday, extending the losses recorded at the end of last week. The pair continues to face downside pressure as the US Dollar (USD) holds firm following the nomination of former Federal Reserve Governor Kevin Warsh as the next Chair, succeeding Jerome […]
EUR/USD slips below 1.2000 as US Dollar rebounds, focus shifts to Fed decision
The EUR/USD pair moves lower toward the 1.1990 region during the early European session on Wednesday, ending a four-day winning streak. The pullback comes after the pair retreated from a fresh five-year high, driven by a modest rebound in the US Dollar (USD). Market attention now turns firmly to the US Federal Reserve’s interest rate […]
EUR/USD Price Forecast: Pair climbs toward four-year high near 1.1920
The EUR/USD pair advances around 0.36%, trading close to the 1.1900 level during Monday’s Asian session. The pair gains strength as the US Dollar continues to weaken, extending last week’s losses ahead of the Federal Reserve’s monetary policy decision scheduled for Wednesday. At the time of writing, the US Dollar Index (DXY), which measures the […]
EUR/USD Price Forecast: Probes 1.1700 resistance after EMA bounce
EUR/USD ticks higher after posting mild losses in the prior session, hovering near the 1.1700 mark during early Asian trade on Thursday. From a technical standpoint, the daily chart still shows the pair trading within a descending channel, pointing to a prevailing bearish undertone. The pair is holding marginally above the 50-day Exponential Moving Average […]
EUR/USD rebounds from multi-week lows amid renewed tariff tensions
EUR/USD edged higher on Monday, recovering from recent losses despite fresh tariff threats from US President Donald Trump. The pair was trading near 1.1630 at the time of writing, after bouncing from seven-week lows around 1.1585, as the US Dollar (USD) weakened amid growing uncertainty surrounding US trade policy. Market sentiment was shaken over the […]
EUR/USD Pair Technical Analysis: Stuck Below 1.1800
The EUR/USD pair does not seem to go above the level of 1.1800 and on early Wednesday in Asia, it sank to a new weekly low near 1.1740 as the US Dollar caught some strength. What’s odd is that this happened even though the FOMC Minutes still point to more rate cuts ahead. Right now, […]
EUR/USD Keeps Above 1.1800 As It Retraces From Three-Month Peak
EUR/USD remains in a holding pattern—likely to continue. For the most part, the EUR/USD has wasted the recovery effort since bottoming at 1.1168 (three-month low) by inching closer to 1.1808 last week but so far failing short of reaching that high again for a second day. But narrow that gap, buyers have not let off the […]
EUR/USD Weekly Outlook: All Eyes on US Jobs and Inflation
The EUR/USD pair wrapped up last week, flirting with its recent highs, pushing toward 1.1760, and hanging onto most of those gains by Friday’s close. Don’t give the euro too much credit, though. It wasn’t really about European strength—just another round of US Dollar weakness after a jumble of economic reports and a Fed meeting […]
EUR/USD Keeps The Lower Bound Of Range Post-Fed Cut, Market Awaits Jobless Claims
The EUR/USD was trading around 1.1690 in the early European session on Thursday, touching lower with no clear direction. In the aftermath of the Federal Reserve’s latest rate cut, the market’s reaction was muted — more a polite nod than an emphatic leap. And market veterans often refer to such pauses as the market “taking stock”, […]
EUR/USD stays calm near 1.1625 as traders await Fed outcome
EUR/USD remains muted around 1.1625 as buyers exercise caution while trading ahead of the US Federal Reserve interest rate announcement. The pair maintained its low intensity tone through the early European session and struggled to capitalize on the overnight recovery move from over one-month lows. Investors are sitting on their hands before a US Federal Reserve interest […]
EUR/USD Reaches 1.1550 Mark as US Shutdown May End Soon
As the US government shutdown finally appeared to be coming to an end, the EUR/USD currency pair reached 1.1550. During Monday’s Asian session, traders pushed the pair lower, with more folks betting that Washington’s political drama is almost over. Bloomberg reports that centrist Senate Democrats threw their weight behind a deal to reopen the government […]
EUR/USD Strengthens Above 1.1600 as Fed Signals Possible Rate Cuts
The EUR/USD pair climbed to around 1.1620 during Wednesday’s Asian session, as the US Dollar (USD) softened following comments from Federal Reserve Chair Jerome Powell. Powell suggested that the Fed could cut interest rates twice more this year, citing slower hiring as a growing risk to the US economy. These dovish remarks have pushed traders […]