EUR/USD strengthens above 1.0900 on softer US Dollar, eyes on geopolitical risks
The EUR/USD pair rebounds to near 1.0935, snapping the two-day losing streak during the Asian trading hours on Thursday.
Read More »Euro (EUR/USD) Weakens After German PMIs Disappoint, Rate Cut Expectations Rise
The German Composite PMI fell to a four-month low and back into contraction territory in July, strengthening the case for further rate cuts in the Euro Area.
Read More »EUR/USD: Likely to trade towards 1.0815 – UOB Group
The Euro (EUR) is likely to trade with a downward bias. Tentative buildup in momentum suggests downside risk; any further decline in EUR is unlikely to break clearly below 1.0815,…
Read More »Euro (EUR/USD) Little Moved as ECB Leaves Rates Unchanged, September Meeting Now Key
The European Central Bank left policy rates unchanged earlier, inline with market expectations, with the September meeting, and updated staff projections, now key.
Read More »US Dollar Little Moved on Chair Powell’s Testimony, EUR/USD and GBP/USD Sentiment Analysis
US Fed Chair Jerome Powell’s semiannual testimony to Congress has produced little of note so far, leaving US dollar traders looking ahead to Thursday’s inflation report
Read More »EUR/USD trims gains and snaps seven-day win streak ahead of Fed policy update
EUR/USD stumbled on Monday after a muddled election outcome in France leaves policy guidance unclear for the Euro bloc.
Read More »Euro Ticks Up Despite Weaker Data As US Payroll Wait Dominates
EUR/USD has benefitted from market hopes that US interest rates will soon start to fall. These hopes have been dashed before, however.
Read More »EUR/USD pinned into low end below 1.0700 once again
EUR/USD backslid into the 1.0680 region on Wednesday after the German GfK Consumer Confidence Survey for July ticked lower unexpectedly, and a lack of meaningful data during the American trading…
Read More »EUR/USD declines below 1.0700 as Fed Bowman pushes back rate-cut hopes
EUR/USD declines below the round-level support of 1.0700 in Wednesday’s early American session.
Read More »EUR/USD Fails to Capitalize on Monday’s Reprieve, Downside Risks Persist
EUR/USD technical analysis: 1.0700 support in focus, with 1.0600 and 1.0450 levels on the radar amid downside risks in the run up to elections
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