Tag Archives: eur/usd

The Philadelphia Fed said that the last week saw an increase in first jobless claims in the US as manufacturing output fell. Although rates need to be higher, Cleveland’s Fed Loretta Mester is pleased with the progress on inflation.Following data from the United States that shows more economic deterioration, which …

Due to declining US Treasury bond yields and general weakness in the US dollar (USD), the EUR/USD ends a two-day losing streak and rises and falls towards the 1.0950 level. Thus, after reaching a low of 1.0920, the EUR/USD is currently trading at 1.0961.As US Treasury bond yields decreased, the …

The EUR/USD pair falls for the second straight day, as sellers are eyeing 1.0800. US New York Empire State Manufacturing Index climbed for the first time in five months. The pair losses traction on technical reasons and on a stronger US Dollar (USD, as speculations that the US Federal Reserve …

The US Dollar strengthens on Friday after US data and remarks by some Fed officials. The EUR/USD pair drops 80 pips from top, but holds firm to weekly gains. The EUR/USD is losing ground on Friday as the US Dollar recovers a part of recent losses. The pair reached a …

The EUR/USD pair advances further and records a new 2023 high. The Euro extra upside could retest the round level at 1.1100 next.The EUR/USD pair keeps the bullish bias well in place and climbs to the 1.1040/50 on Thursday, or new year-to-date peaks.The likelihood of extra advances appears favoured for …

The US Dollar index, DXY, was last at 101.51, down 0.62% on the day, while the EUR/USD reached 1.0999, the highest level since February 2. The pair last traded at 1.0995, up 0.79% on the day.The US dollar plunged on Wednesday after data revealed that the US Consumer Price Index …

The Dollar Index has corrected, and the EUR/USD pair has surged above the key resistance level of 1.0860. This year, Fed Williams projects inflation to be 3.75% and growth to be less than 1%.A decline in retail sales across the Eurozone is inadequate to support the ECB’s neutral stance. In …

In an immediate reaction, the EUR/USD fell from 1.0915 to the 1.0880 zone, reaching the lowest level since Monday, after the release of the US employment report. Numbers came in mostly in line with expectations, boosting the Greenback across the board.US Nonfarm Payrolls rise by 236K in March against 240K …

Ahead of important US data inputs, the EUR/USD is stagnant. The crucial Nonfarm Payrolls are now the main topic of discussion.In late New York, the EUR/USD is trading at its lowest point of the day amid holiday calm. At hourly resistance, the pair is currently trading at 1.0930. The pair …

As of this writing, the EUR/USD is fluctuating at 1.0954, ahead of the US Employment and ISM Services PMI data. An important drop in US job openings suggests that the US labour market is currently cooling. The recent increase in the price of oil may cause inflation in the Eurozone, …