The EUR/USD pair remains stable around 1.0880, with the US Dollar (USD) holding firm ahead of Monday’s Retail Sales data release. However, the Greenback came under pressure after the University of Michigan (UoM) Consumer Sentiment Index for March fell to 57.9, its lowest level since November 2022, down from 64.7 and below the consensus estimate […]
The EUR/USD surged higher on Tuesday, briefly touching the 1.0950 level as bullish momentum continued to build. The pair reached fresh 22-week highs, with euro buyers maintaining control in recovery territory. U.S. Data in Focus Amid Sparse EU Releases This week, foreign exchange traders remain focused on U.S. economic data, as the European calendar remains […]
EUR/USD kicked off the week on a positive note, trading near 1.0860. The pair’s upward momentum is fueled by growing concerns over a potential slowdown in the US economy. On Sunday, San Francisco Fed President Mary Daly noted that rising uncertainty among businesses could weaken demand but does not warrant an immediate change in interest […]
The EUR/USD pair experienced a strong rebound on Tuesday, gaining 1.4% and adding 140 pips in a single session. The decline of the U.S. dollar fueled the euro’s rise as markets speculated on the possibility that President Donald Trump might reconsider his tariff threats. Trade War Takes Center Stage In line with his unpredictable style, […]
The EUR/USD halted its three-day decline, trading near 1.0410. The pair’s recovery is supported by a softer US Dollar (USD) following the release of January’s Personal Consumption Expenditures (PCE) inflation data, which aligned with expectations and eased concerns about unexpected inflation spikes in the US. US Inflation Data Eases Market Worries The PCE inflation report […]
The EUR/USD pair rose by 0.5% on Tuesday, surpassing the 1.0500 mark as it faced a key technical hurdle for the eighth consecutive session. Meanwhile, US consumer sentiment fell in February, raising concerns about a potential economic slowdown. Compounding market worries, former President Donald Trump reiterated his plans to impose steep import tariffs on American […]
The EUR/USD pair is attracting buying interest near 1.0480 at the start of Monday’s session, advancing on optimism surrounding the German conservative victory. Traders are closely monitoring the final German election results. German Election Boosts Euro Initial exit polls indicated that the German opposition conservatives, the Christian Democratic Union (CDU) and its partner, the Christian […]
Against the dollar, the euro is down by more than 0.30 percent heading into Tuesday’s end-of-session, weighed down by a return of positive sentiment in the market during the North American session, with the S&P 500 hitting a new record high. As of this writing, the EUR/USD pair is trading at 1.0445, below the opening […]
EUR/USD paused its four-day winning streak, hovering around 1.0490 during Asian trading hours. Liquidity may remain thin in the North American session as all major U.S. financial markets will be closed on Monday for Presidents’ Day. The pair has recently gained momentum as the implementation of U.S. President Donald Trump’s reciprocal tariffs is taking longer […]
The EUR/USD recovered after three consecutive days in the red and closed above 1.0350, as market flows shifted, turning investors away from the dollar as a safe haven and boosting overall confidence. US President Donald Trump’s new tariff threats appear to be largely ignored by the markets, while Federal Reserve Chairman Jerome Powell has reiterated […]
