The EUR/USD pair moved within a narrow range on Tuesday, oscillating near the 1.0400 level as the Fiber struggled to establish a clear direction. Both European and U.S. economic data remain sparse this week, with investor sentiment heavily influenced by the unpredictable rhetoric surrounding trade policy from newly inaugurated U.S. President Donald Trump. Throughout the […]

The EUR/USD shows signs of recovering from losses recorded in the previous session, trading near 1.0280. However, the pair’s upward momentum remains constrained as market caution prevails ahead of President-elect Donald Trump’s inauguration later in the day. U.S. markets will remain closed on Monday in observance of Martin Luther King Jr. Day. Concerns over Donald […]

The EUR/USD managed an intraday rally on Tuesday, climbing more than 0.8% on the day, as optimism emerged among euro buyers regarding a potential deal in France that could avert a governmental collapse. Market sentiment improved further, fueled by Fib buying after the U.S. Producer Price Index (PPI) inflation showed a much slower rise than […]

The EUR/USD pair dropped on Tuesday, losing nearly four-tenths of a percentage point after a failed recovery attempt to breach the 1.0400 level. The pair continues to trade just above the 26-month lows reached last week, though the rebound remains modest. Euro bulls face increasing urgency for a reversal as the Fib retracement levels indicate […]

The EUR/USD pair is retreating from last session’s gains and trading around the 1.0300 mark in Monday’s session. Traders are closely monitoring the Eurozone Composite Purchasing Managers’ Index (PMI) and the preliminary German Consumer Price Index (CPI) data, both scheduled for release today. The pair is experiencing downward pressure as market analysts predict further declines, […]

The EUR/USD pair is trading near 1.0430 on Monday, holding flat after Friday’s gains. The pair’s rise is attributed to a weakening U.S. dollar following the release of the U.S. Personal Consumption Expenditure (PCE) Price Index data. The November inflation report revealed that year-on-year core PCE inflation, the Federal Reserve’s preferred measure of inflation, rose […]

The euro’s upward momentum dissipated on Tuesday, pushing the EUR/USD pair below the 1.0500 level as traders prepared for the final Federal Reserve meeting of 2024. European data releases remain sparse this week, leaving Fiber traders navigating key U.S. economic data as their primary focus. Euro markets largely overlooked the multiple appearances by European Central […]

The EUR/USD started the week with further gains, trading near 1.0520. This rise could suggest a weakening U.S. dollar, driven by soft U.S. Treasury yields ahead of the Federal Reserve’s interest rate decision scheduled for Wednesday. The Fed is widely expected to announce a 25 basis point rate cut at its final monetary policy meeting […]

The EUR/USD pair lost nearly 0.2% on Tuesday, marking its third consecutive day of declines and testing the critical 1.0500 level as the euro’s short-term bullish recovery wanes. The pair has shifted to a more cautious stance ahead of Wednesday’s release of the Consumer Price Index (CPI) and the European Central Bank’s (ECB) upcoming interest […]