{"id":31969,"date":"2020-07-27T21:45:52","date_gmt":"2020-07-27T17:45:52","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=31969"},"modified":"2020-07-27T21:45:53","modified_gmt":"2020-07-27T17:45:53","slug":"euro-continues-rally-on-usd-woes","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/euro-continues-rally-on-usd-woes\/07\/27\/market-updates\/","title":{"rendered":"Euro Continues Rally on USD Woes"},"content":{"rendered":"\n<p>The Euro rose against the US Dollar on Monday, nearing a two-year high, with the US continuing to register an increasing number of COVID-19 cases.<\/p>\n\n\n\n<p>The market anticipates a second stimulus package that could be soon approved by Congress, as well as the upcoming Federal Reserve meeting this week.<\/p>\n\n\n\n<p>Meanwhile, the EUR was supported by a decline in <a href=\"https:\/\/noortrends.ae\/en\/french-jobless-total-drops-in-june\/07\/27\/market-updates\/\">France\u2019s unemployment<\/a> and the German <a href=\"https:\/\/noortrends.ae\/en\/german-ifo-business-climate-index-up\/07\/27\/market-updates\/\">business climate index beating<\/a> estimates.<\/p>\n\n\n\n<p>The EUR\/USD is trading at 1.1753, up by 0.83% for the day, moving during the day between 1.16410 and \u202a1.17815.<\/p>\n\n\n\n<p><strong>Support Levels: 1.1605 &#8211; 1.1554 &#8211; 1.1528<\/strong><\/p>\n\n\n\n<p><strong>Resistance Levels: 1.1682 &#8211; 1.1708 &#8211; 1.1759<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Euro rose against the US Dollar on Monday, nearing a two-year high, with the US continuing to register an increasing number of COVID-19 cases. The market anticipates a second stimulus package that could be soon approved by Congress, as well as the upcoming Federal Reserve meeting this week. Meanwhile, the EUR was supported by &hellip;<\/p>\n","protected":false},"author":10,"featured_media":31648,"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-31969","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\/31969","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=31969"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/31969\/revisions"}],"predecessor-version":[{"id":31970,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/31969\/revisions\/31970"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/31648"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=31969"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=31969"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=31969"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}