Tag Archives: EURUSD

The Euro is now supported by the European Union’s (EU) recent agreement for a recovery fund to help the bloc’s economy combat the downturn caused by the coronavirus disease (COVID-19) crisis. Approving the recovery fund spurred demand for European assets and extended the Euro’s rally, and now, market analysts are …

The Euro rose on Wednesday to its highest level since October 2018 against the US Dollar, maintaining the momentum it gathered from the European Union’s agreement on a COVID-19 recovery fund, especially as demand for safe havens increased. After rising by 0.5% earlier, the EUR/USD is currently trading at 1.15696, …

The Euro (EUR) achieved huge gains against the US Dollar (USD) on Tuesday, after the historic agreement between the European Union’s (EU) leaders regarding the EUR 750 million COVID-19 recovery fund. The EUR gains were enhanced by a decline in USD across the board. The dollar index (DXY), which measures …

The Euro (EUR) rose against the US Dollar (USD) on Monday, supported by positive reports about COVID-19 vaccine trials and news that European leaders are nearing an agreement about a EUR 750 million recovery fund. The EUR/USD is currently trading at 1.14428, up by 0.15% for the day. Earlier today, …

The Euro (EUR) has surged against major currencies during Monday’s trading, supported by the decline of the US Dollar (USD). A highly anticipated meeting for the European Central Bank (ECB) is set to take place on Thursday, while on Friday the European Union Leaders will discuss the COVID-19 crisis stimulus …