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The EUR/USD remains subdued on Friday, following monetary policy meetings by the Fed and the ECB, with both entities raising rates amidst a period of high and stickier inflation. The pair ended Friday at around 1.0590, still bullish in the daily chart. Investors' sentiment remains sour after...

The EUR/USD jumped to 1.0735, a fresh six-month high, during ECB Lagarde’s presser. It erases gains after Lagarde’s comments and turned its direction to downside and ended Thursday at around 1.0635, still bulish in the daily chart. The European Central Bank raises key interest rates by 50 basis...

The EUR/USD dropped toward 1.0620s after the Fed raised rates by 50 bps. However, it recovered all the losses after Fed Chair Powell's speech and ended Wednesday at around 1.0680, still bullish in the daily chart. The FOMC decided to hike the Federal Funds rate as expected toward the 4.25-4.50%...

•EUR/USD has rallied heavily as the US Consumer Price Index has come in below expectations, leaving the door wide open for a pivot from the Federal Reserve that meets this week to decide on its monetary policy path. At the time of writing, EUR/USD is up on the day by over 1% and trading at...

The EUR/USD dropped near 1.0500 following comments from Russian President Putin. The Euro is among the weakest currencies of the American session. Earlier it peaked at 1.0549, the highest level in two days. Market sentiment deteriorated briefly after Russian President Vladimir Putin said the...

EUR/USD keeps the optimism well and sound and advances to new highs near 1.0550, an area last seen back in late June. It regained the upward potentials post payroll release and ended the week at around 1.0530, still bullish in the daily chart. EUR/USD trimmed all of its losses after the release...

Support Level: 1.0384-1.0320-1.0222 Resistance Level: 1.0510-1.0615-1.0740 EUR/USD - The Pair Is At The Highest Of The Last 5 Months… On the last trading day of the week, the EURUSD parity, which managed to increase its gains in the European trading hour before the US Non-Farm Payrolls...

The EUR/USD jumped from weekly lows of 1.0290 as the Federal Reserve (Fed) Chair Jerome Powell acknowledged that moderation in the speed of interest rate increases might come as soon as the next meeting. That said, the Euro (EUR) is climbing, while the US Dollar Index (DXY) turned negative...

EUR/USD alternates gains with losses in the low-1.0300s following another failed attempt to retake the 1.0400 barrier earlier on Tuesday. The euro was initially buoyed earlier on Tuesday due to the hopes of a potential easing in China's strict pandemic restrictions following an unprecedented...

•The EUR jumped against the US Dollar USD following the release of the Federal Reserve (Fed) monetary policy minutes showed that policymakers agreed to slow the pace of rate hikes at the Federal Reserve’s (Fed) November meeting. At the time of writing, the EUR/USD is volatile, trading at around...

At 1.0295, EUR/USD is 0.53% higher in late trade in North American trade as the US Dollar retreated across the board on Tuesday while investors look past worries about China's COVID flare-ups, boosting demand for more risky currencies. The greenback edged lower on Tuesday amid the better...

EUR/USD maintains the corrective downside well in place for yet another session and threatens to challenge the key support around the 1.0200 neighbourhood sooner rather than later. Indeed, in quite an uneventful session, the Greenback extends the recent bounce backed by the recent hawkish...

The EURUSD rejected by 1.0400 area again and fell during the American session to 1.0325 level, on a calm session across FX markets. The greenback spiked higher amid a deterioration in market sentiment that did not last much. Economic data released on Friday showed Home Sales in the US dropped...

EURUSD is battling back, down some 0.5% still, however, having fallen from a high of 1.0406 to a low of 1.0305. US Treasury yields increased on Thursday as investors bet on a relatively hawkish Federal Reserve. The greenback was pressured in recent days due to last week's and this week's...

•The EURUSD pair erased intraday losses after climbing back to the 1.0350 zone. Earlier the pair bottomed at 1.0270 but then the Greenback lost momentum across the board, triggering the rebound. •The Dollar pulled back during the American session even as US yields moved higher. The US 10-year...

•The Euro finished the week on a higher note, following the release of a soft inflation report in the United States, as informed by the Department of Labor October’s CPI report. Therefore, the Euro continued its advance, as the EURUSD gained 1.42%, exchanging hands at 1.0352. •Wall Street...

•EURUSD rallied in a broad risk-on setting, taking out the Monday highs for a fresh high for the week, eating into shorts from the prior. At the time of writing, the pair is ducking below 1.0096 highs into 1.0078 but remains a good 100 pips above the lows of the day. •Investors cheered the...

EURUSD advances for the second session in a row and gains around three cents since last week’s lows around 0.9730, always against the backdrop of the persistent sell-off in the greenback. It ended the day at around 1.0030, bullish in the daily chart. Indeed, the dollar remains offered as market...

The euro has recovered modestly on Thursday’s US trading session, bouncing up from the 0.9740 area to reach 0.9760. The pair, however, remains negative on the daily chart and trading nearly 3% down on the week. Business activity in the US services sector expanded at a slower pace than expected...

Support Level: 0.9852-0.9798-0.9735 Resistance Level: 0.99100.9998-1.0072 Withdrawn After Resistance Encountered at 0.9910 Level... In the Euro Area, Manufacturing PMI for October, announced today, fell to 46.4 from 48.4. On the US side, the ADP Non-Farm Amendment came in at 239 thousand in...