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EUR/USD Higher In Range But Stuck To 1.1800, Further Gains Not Yet Clear
Monday, July 26, 2021 - 4:09pm | 521The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. EUR/USD Current Price: 1.1803 The German July IFO Business Climate came in at 100.8 contracting from 101.7 previously. Market...
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EUR/USD Is Pressuring Weekly Lows And Poised To Extend Its Slump
Thursday, July 22, 2021 - 4:57pm | 544The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. EUR/USD Current Price: 1.1772 The ECB kept its monetary policy unchanged, presented vague forward guidance. EU data was worst than...
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EUR/USD Keeps Trading Below The 1.1800 Level, The Risk Is Skewed To The Downside
Wednesday, July 21, 2021 - 4:12pm | 502The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. EUR/USD Current Price: 1.1803 The European Central Bank will unveil its latest decision on monetary policy. Global indexes closed in the...
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EUR/USD Is Poised To Extend Its Decline In The Near-Term Sub-1.1700
Wednesday, July 21, 2021 - 10:17am | 541The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. EUR/USD Current Price: 1.1783 A scarce macroeconomic calendar exacerbates risk-related trading. The market’s mood is sour, with...
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EUR/USD Is Technically Bullish And Set To Extend Its Decline In The Near-Term
Tuesday, July 20, 2021 - 10:35am | 497The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. EUR/USD Current Price: 1.1794 Fears dominated the financial world at the weekly opening. Stocks plummeted alongside government bond...
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EUR/USD Meeting Sellers On Spikes, Lower Lows At Sight
Thursday, July 15, 2021 - 4:15pm | 482The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. EUR/USD Current Price: 1.1809 US Federal Reserve chief Powell reiterated its dovish message. US data came in mixed, maintaining the...
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EUR/USD Recovered From A Fresh Three-Month Low, The Risk Remains Skewed To The Downside
Wednesday, July 14, 2021 - 4:07pm | 377EUR/USD Current Price: 1.1832 US Federal Reserve chief Powell said that acting prematurely on inflation would be a mistake. EU Industrial Production contracted in May, reflecting the slowing economic recovery. EUR/USD recovered from a fresh three-month low, the risk remains skewed to the downside...
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EUR/USD Is Pressuring The Monthly Low And Poised To Extend Its Decline
Tuesday, July 13, 2021 - 4:14pm | 408EUR/USD Current Price: 1.1781 US inflation was upwardly revised to 5.4% YoY in June, higher than expected. The focus shifts to US Federal Reserve chief Jerome Powell’s testimony before Congress. EUR/USD is pressuring the monthly low and poised to extend its decline. The EUR/USD pair ...
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EUR/USD Is Neutral In The Near-Term, With The Risk Tilted To The Downside
Monday, July 12, 2021 - 4:21pm | 420EUR/USD Current Price: 1.1857 Germany and the US will publish the final versions of their June inflation on Tuesday. The spread of the coronavirus Delta variant weighs on investors´ mood. EUR/USD is neutral in the near-term, with the risk tilted to the downside. The EUR/USD pair traded in...
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EUR/USD Maintains The Sour Tone And Could Reach Lower Lows For The Week
Thursday, July 8, 2021 - 4:24pm | 399EUR/USD Current Price: 1.1842 The ECB shifted to a symmetric inflation target of 2%, contrary to a ceiling at that level. US weekly unemployment claims printed at 373K in the week ended July 2. EUR/USD maintains the sour tone and could reach lower lows for the week. The EUR/USD pair topped at 1....
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EUR/USD Maintains The Bearish Tone After Achieving A Lower Low For The Week
Wednesday, July 7, 2021 - 4:35pm | 397EUR/USD Current Price: 1.1803 European macroeconomic figures continue to miss the market’s expectations. FOMC Meeting Minutes spurred optimism, to the detriment of the greenback. EUR/USD maintains the bearish tone after achieving a lower low for the week. The dollar resumed its advance on...
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EUR/USD Poised To Extend Its Decline Below The 1.1800 Threshold
Wednesday, July 7, 2021 - 10:18am | 431EUR/USD Current Price: 1.1823 The German ZEW survey surprised with sharp contractions in Economic Sentiment. The US ISM Services PMI contracted to 60.1 in June, missing the expected 63.5. EUR/USD poised to extend its decline below the 1.1800 threshold. Risk aversion took over financial markets...
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EUR/USD Is Neutral In The Near-Term, With The Risk Skewed To The Downside
Tuesday, July 6, 2021 - 10:31am | 436EUR/USD Current Price: 1.1867 A holiday in the US kept volumes at their lows and majors within tight ranges. EU’s Sentix Investor Confidence improved to 29.8 in July from 28.1 previously. EUR/USD is neutral in the near-term, with the risk skewed to the downside. The EUR/USD pair ended...
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EUR/USD's Slide Found Support Again Around 1.1840
Thursday, July 1, 2021 - 4:43pm | 358EUR/USD Current Price: 1.1846 US dollar resumes the upside after brief correction ahead of NFP. Market participants await key US data, critical for Fed policy expectations. EUR/USD’s slide found support again around 1.1840. The recovery of the EUR/USD was short-lived. After reaching the 1....
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EUR/USD Drops To Test Last Week's Lows, Bias Point To Further Losses
Thursday, July 1, 2021 - 10:07am | 370EUR/USD Current Price: 1.1848 US dollar jumps across the board as traders look toward the NFP. Euro unable to benefit from lower US yields. EUR/USD drops to test last week's lows, bias point to further losses. The EUR/USD accelerated the decline on Wednesday on the back of a stronger US...