Tag Archives: Euro

The dollar found support on Tuesday, September 7th, as investors awaited the European Central Bank meeting and US data to learn about policy expectations, while the Australian dollar rose briefly after the Reserve Bank of Australia stuck to its plans to reduce bond purchases. The US currency curbed the euro …

The Euro (EUR) declined on Monday against the rising U.S. Dollar (USD), registering its first loss in seven sessions. The EUR/USD pair slipped by 0.06% to reach 1.1872, maintaining the 1.870 level, but remaining lower year to date by about 2.82%. This was the first and largest loss for the …

The dollar rose in early European trade on Monday, but remained near a one-month low, as Friday’s disappointing jobs report dampened expectations of an early tapering. At 9:04 am GMT, the DXY dollar index, which measures the greenback against a basket of six other currencies, rose 0.15% to 92.25 points, …

Positive trading dominated the euro’s movements against the US dollar within the expected bullish context during the previous analysis, touching the official target to be achieved at 1.1880, recording the highest level at 1.1884. Technically, the stability of trading above the intraday level above 1.1840/1.1820 supports the continuation of the …

The euro held near a one-month high against the dollar and a six-month peak against the pound, supported by statements that tend to tighten monetary policy by policymakers at the European Central Bank, and after data that showed inflation at its highest level in ten years and in light of …

The single European currency continued to achieve gains for the third consecutive session without achieving the scenario of retesting the support published in the previous analysis to approach the required official target of 1.1880, recording its highest level at 1.1857. Technically, we believe that the continuation of the rise is …

The single European currency continues its attempts to rise against the US dollar within the expected gradual ascent, recording its highest price during the last trading session, 1.1845. On the technical side, the current movements are witnessing a bearish slope due to the negative features that started appearing on the …

The dollar approached a 3-week low against a basket of currencies on Tuesday, August 31, as investors looked to this week’s US jobs data for clues about the timing of stimulus cuts. The dollar has been on the decline since US Federal Reserve Chairman Jerome Powell’s statement at Jackson Hole …

The euro is quietly trading on the positive side against the US dollar within the expected bullish path mentioned in the previous analysis, touching the first target required to be achieved 1.1820. On the technical side today, we tend to the positive, relying on the pair’s continuing positive stimulus from …

The dollar held near two-week lows on Monday, held in check by a message from the US Federal Reserve chairman that there is no rush to withdraw massive stimulus. The US currency’s allure took a hit since Friday, when Federal Reserve Chairman Jerome Powell said a gradual reduction of stimulus …