{"id":80278,"date":"2023-02-21T01:23:20","date_gmt":"2023-02-20T21:23:20","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=80278"},"modified":"2023-02-21T01:24:49","modified_gmt":"2023-02-20T21:24:49","slug":"eur-usd-reluctatnt-to-leave-fridays-range-as-traders-await-the-next-catalyst","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/eur-usd-reluctatnt-to-leave-fridays-range-as-traders-await-the-next-catalyst\/02\/21\/market-updates\/","title":{"rendered":"EUR\/USD reluctatnt to leave Friday\u2019s range as traders await the next catalyst"},"content":{"rendered":"\n<p>EUR\/USD pair is stuck in a range and awaits major data this week. Traders will have both Eurozone and US economic calendar to potentially find catalysts that will move the EUR\/USD.<br><br>EUR\/USD is moving sideways during the US holiday, the pair seems reluctant to leave Friday&#8217;s price range. The Euro has moved a small distance between 1.0670 and 1.0704 vs. the US Dollar so far on the day. <br><br>Liquidity is expected to remain thin for the remainder of the day with US markets closed for Presidents&#8217; Day. However, there is plenty at stake this week and from a technical standpoint, big moves are on the horizon. <br><br>Latest US data reinforced market expectations of tighter monetary policy from the Fed over the last several days, fueling a firm recovery in the US dollar last week. The DXY index, which measures the dollar\u2019s performance versus six major currencies, rallied from a double-bottom low in the 102.50s last week and reached a high of 104.67, a six-week high.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>EUR\/USD pair is stuck in a range and awaits major data this week. Traders will have both Eurozone and US economic calendar to potentially find catalysts that will move the EUR\/USD.EUR\/USD is moving sideways during the US holiday, the pair seems reluctant to leave Friday&#8217;s price range. The Euro has moved a small distance between &hellip;<\/p>\n","protected":false},"author":13,"featured_media":62193,"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":[7604,6884,6885],"class_list":["post-80278","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-dollar-index","tag-eur-usd","tag-fed"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/80278","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\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=80278"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/80278\/revisions"}],"predecessor-version":[{"id":80284,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/80278\/revisions\/80284"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/62193"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=80278"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=80278"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=80278"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}