Tag Archives: eur/usd

EUR/USD is firmly higher on Thursday due to diminishing expectations for the Fed to keep raising interest rates at the same aggressive pace. A rise in weekly jobless claims suggests that the labour market is slowing down. EUR/USD is currently 0.38% higher having rallied from a low of 1.0489 to …

Trade Balance data in the United States has indicated shows the deficit widening, a headwind for the US Dollar. Germany’s Factory Orders helped the Euro to hold buoyant amid low expectations, while December’s monetary policy meetings by the Fed and the ECB will help to keep the EUR/USD pair within …

The Euro is falling against the US Dollar after hitting a six-month high nearby 1.0600. Eurozone data was mixed, though slanted towards the negative territory as Retail Sales retreated. Therefore, the Euro is almost unchanged against the dollar following the release of the positive US ISM Services PMI that underpinned …

The EUR/USD pair has flattened again as the US session heads into the late afternoon. The pair fell from the 1.0394 high to the 1.0325 low on the day so far and steadies near 1.0340 at the time of writing. Growth stocks on Wall Street experience extended declines, overshadowing a …

At the time of writing, EUR/USD is down some 0.29% falling to a low of 1.0338; sliding from a higher of 1.0496. Risk currencies, such as the Euro are under considerable pressure as protests against COVID restrictions in China weighed on the overall market sentiment.The violent protests in major Chinese …

The Euro benefited from Wednesday’s FOMC minutes as the US Dollar weakened on the release of the November meeting’s minutes.The minutes have indicated that Fed policymakers agreed to slow the rate hikes, this news is weakening the US Dollar, so the Euro jumped against the US Dollar. At the time …

Chancellor Olaf Scholz doubled down on his government’s promise to end Germany’s “one-sided dependence” on Russia and China for energy and trade, part of a sweeping rethink of the nation’s commercial ties triggered by the war on Ukraine. “The price of sitting on our hands would be incomparably higher,” Scholz …

An improvement in the market’s sentiment despite the looming Covid woes from China and mixed concerns surrounding the US-China relations help the pair to register the first daily gain in four on Tuesday. EUR/USD buyers are relaxing ahead of Wednesday that is literally eventful. The EUR/USD pair has steadied around …

The EUR/USD pair has maintained the corrective downside well for another trading session and threatens to challenge the key support around the 1.0200 sooner rather than later.With the opening bell of an uneventful session, the US dollar extends the recent comeback by the recent hawkish messages by Fed policymakers. Statements …

The European Central Bank’s Robert Holzmann has crossed the wires saying interest rates will be increased further.The EUR/USD pair is climbing in the US trading session, though it remains beneath the highs of the day at 1.0481, reached on the release of a softer-than-expected US Producer Price Index (PPI). PPI …