The EUR/USD fluctuated this Wednesday morning in anticipation of consumer inflation data and the upcoming US Federal Reserve (Fed) minutes. During that time, the EUR/USD was trading at 1.0850, up from this month’s low of 1.0725. Today’s calendar has no important data scheduled from the euro zone. In Europe, the focus is on the possibility that […]

The EUR/USD’s downtrend worsened, and the pair fell to its lowest level since February 15th of this year. According to the economic calendar, the most recent employment report showed that the U.S. economy added nearly 303,000 jobs last month, the largest increase in 10 months and far exceeding market estimates of a 200,000 increase. In addition, […]

EUR/USD hit the lowest level in a month and a half and reached 1.0730. The EUR/USD is likely to remain in this trend in expectation of a possible reaction that may be generated by the announcement of the US employment figures this week. Breaking the 1.0800 support level could enable bears to push EUR/USD towards […]

EUR/USD technical indicators are likely to move towards oversold saturation levels. At the start of April trading, the EUR/USD is moving below the psychological support level of 1.0800 with losses extending to 1.0767, its lowest level in a five-week span. This behavior is seen after first quarter losses reached 2.3% amid speculation of a possible […]

The euro (EUR) fell sharply against the dollar (USD) last week on growing confidence that the European Central Bank (ECB) will cut interest rates by June, while the market expects the Federal Reserve (Fed) to cut rates only in July. This difference in timing of rate cut expectations could potentially strengthen the dollar until the […]

The EUR/USD pair appears stable above the 1.0850 level in the early hours of this Wednesday’s European session, after posting slight losses in its price yesterday, Tuesday. Short-term technical estimates seem to indicate a lack of momentum for recovery; for now, markets are bracing for the Federal Reserve’s (Fed) monetary policy announcement today. It is […]

EUR/USD faces perhaps one of the most important key weeks of the economic calendar, as meetings are scheduled for both the euro zone and the United States this week. On the euro (EUR) side, the European Central Bank (ECB) is expected to decide whether or not to lower interest rates. The PMI data to be released […]

The British pound (GBP) aims to reach multi-month highs against the US dollar (USD). This week, alongside recent CPI data showing unexpected inflation persistence in the U.S., pay attention to wage data and further inflation figures. Sterling is likely to reach its highest level in several months against the dollar this week, boosted by positive signals from […]

The EUR/USD is trading in a wide range below 1.0950 during European hours on Monday. This activity triggers an extension of a sideways move against the US dollar. Despite trading consistently defensively last week, the dollar has remained firm. Investors Investors are currently hesitant to place any bets on the major currency, awaiting the release of CPI […]

This week, the gold (XAU) and other metals markets could be influenced by the US dollar’s (USD) performance, testing investors’ risk tolerance and willingness to engage. A recent report on US wholesale inflation serves as a reminder that the battle against rising prices continues, suggesting the need for alternative strategies in this market environment. In the […]