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The euro has extended its gains on Friday. EUR/USD is trading at 1.1091 in the European session at the time of writing, up 0.13% today. The euro has climbed 0.7% since the ECB’s rate cut on...
EUR/USD tests key support at 1.10 ahead of ECB rate decision. Dollar rebounds as market adjusts Fed rate cut expectations. We will discuss key technical levels to watch ahead of ECB and PPI. For...
The euro continues to show limited movement and is almost unchanged on Thursday. EUR/USD is trading at 1.1010 in the North American session at the time of writing. ECB Expected to Deliver 25 Bps...
EUR/USD is higher again today Momentum indicators confirm an upside recovery EUR/USD found some grounding around the 1.1015 support level before returning to the upside. The price failed to...
Eurozone annual inflation decreased to 2.2% in August 2024. However, core inflation remains stubborn, easing by just 0.1 percentage point from 2.9% to 2.8%. The ECB has kept its main refinancing...
It’s going to be an important week, with the focus on the U.S. CPI inflation data, which could provide more clues on whether the Fed will go for 25 or even 50 basis point cut. Keep in mind that...
The US Dollar Index (DXY) has seen a stark turnaround since the jobs data release on Friday. The immediate aftermath left the US Dollar reeling as the DXY looked set to print fresh lows. However, as...
EUR/USD traders are eyeing crucial U.S. economic data due tomorrow. The pair found support around 1.105 this week after hitting a yearly high in August. A break above a key resistance could push the...
The EUR/USD pair remained stable around 1.1077 on Thursday morning, following steady growth in the previous session but still confined within a sideways channel. Investors are holding back and...
Markets are preparing for an action-packed week The US dollar is on the front foot following the bank holiday The focus turns to the ISM manufacturing survey today Gold drops, oil recovers but...
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