{"id":31772,"date":"2020-07-22T23:25:41","date_gmt":"2020-07-22T19:25:41","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=31772"},"modified":"2020-07-22T23:25:42","modified_gmt":"2020-07-22T19:25:42","slug":"eur-usd-maintains-some-momentum","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/eur-usd-maintains-some-momentum\/07\/22\/market-updates\/","title":{"rendered":"EUR\/USD Maintains Some Momentum"},"content":{"rendered":"\n<p>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\u2019s agreement on a COVID-19 recovery fund, especially as demand for safe havens increased.<\/p>\n\n\n\n<p>After rising by 0.5% earlier, the EUR\/USD is currently trading at 1.15696, up by 0.32% for the day.<\/p>\n\n\n\n<p>This also comes as the USD is showing a mostly poor performance across the board.<\/p>\n\n\n\n<p>The dollar index (DXY) is down by 0.15% just below 95.00.<\/p>\n\n\n\n<p>In addition, the European currency was supported by the stock market strong gains.<\/p>\n\n\n\n<p>Some analysts are now expecting the Euro to exceed the $1.2 mark by the end of 2020.<\/p>\n\n\n\n<p><strong>Support Levels: 1.1450 &#8211; 1.1378 &#8211; 1.1333<\/strong><\/p>\n\n\n\n<p><strong>Resistance Levels: 1.1567 &#8211; 1.1612 &#8211; 1.1684<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>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\u2019s 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, up by 0.32% for the &hellip;<\/p>\n","protected":false},"author":10,"featured_media":31773,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,36],"tags":[6968],"class_list":["post-31772","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-eurusd"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/31772","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=31772"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/31772\/revisions"}],"predecessor-version":[{"id":31774,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/31772\/revisions\/31774"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/31773"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=31772"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=31772"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=31772"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}