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EUR/USD Is On A Bullish Path And Poised To Extend Gains Towards 1.2349
Wednesday, June 2, 2021 - 10:23am | 523The 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: 1.2225 Markit upwardly revised its Manufacturing PMIs for the EU and the US. Stocks surged as investors returned...
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EUR/USD Is Bullish Despite The Limited Bullish Momentum, Eyes On 1.2349
Tuesday, June 1, 2021 - 10:47am | 2398window.dicnf = {};(function(){/* Copyright The Closure Library Authors. SPDX-License-Identifier: Apache-2.0 */ 'use strict';class l{constructor(){this.key="45350890"}}var m=class extends l{constructor(){super();this.defaultValue=!1}};var n=new m;(class{constructor(a,c){this.g=c===q?a:...
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EUR/USD Trades Below The 1.2200 Level And Could Extend Its Decline In The Near-Term
Wednesday, May 26, 2021 - 4:10pm | 505The 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: 1.2192 Profit-taking and position adjustment helped the greenback recover ground. The focus now shifts to US April...
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EUR/USD Is Technically Bullish And Has Room To Retest The Year High At 1.2349
Wednesday, May 26, 2021 - 10:17am | 562The 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: 1.2252 Fed’s vice-chair Clarida agreed that tapering could be discussed in the next meetings. US Consumer...
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EUR/USD Is Neutral-To-Bullish In The Near-Term, Comfortable Above 1.2200
Monday, May 24, 2021 - 4:06pm | 476EUR/USD Current Price: 1.2213 US Federal Reserve officials’ comments remain centered on rising inflation. Lower US government bond yields weighed on the American currency. EUR/USD is neutral-to-bullish in the near-term, comfortable above 1.2200. The financial world started the week...
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EUR/USD Trades Near May's High With A Limited Bullish Momentum In The Near-Term
Friday, May 21, 2021 - 10:08am | 399EUR/USD Current Price: 1.2218 A better market mood helped the EUR trim its post-FOMC losses. US Treasury yields were sharply down, backing stocks’ recovery. EUR/USD trades near May’s high with a limited bullish momentum in the near-term. The EUR/USD pair recovered the ground...
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EUR/USD Could Accelerate Its Slide On A Break Below 1.2140
Thursday, May 20, 2021 - 10:18am | 434EUR/USD Current Price: 1.2170 FOMC Meeting Minutes showed some participants are willing to discuss tighter policies. EU April inflation came in as expected at 1.6% YoY, although the core reading contracted. EUR/USD could accelerate its slide on a break below 1.2140. The EUR/USD pair ...
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EUR/USD Is Poised To Extend Its Advance Toward The Year High At 1.2349
Wednesday, May 19, 2021 - 10:18am | 403EUR/USD Current Price: 1.2229 European Gross Domestic Product was confirmed at -0.6% QoQ in the three months to March. The focus now shifts to the FOMC Meeting Minutes scheduled for Wednesday. EUR/USD is poised to extend its advance toward the year high at 1.2349. The EUR/USD pair advanced...
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EUR/USD Keeps Pressuring Its Recent Highs, Higher Highs On The Table
Tuesday, May 18, 2021 - 10:18am | 444EUR/USD Current Price: 1.2158 The American dollar maintained its intrinsic weakness as risk-on faded. The EU will release a revision of Q1 GDP on Tuesday, foreseen unchanged at -0.6% QoQ. EUR/USD keeps pressuring its recent highs, higher highs on the table. The greenback remained under selling...
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EUR/USD Has Been Extending Its Gains Amid Dovish Fed Policy And The Eurozone's Vaccination Drive
Monday, May 17, 2021 - 10:45am | 1902EUR/USD has been extending its gains amid dovish Fed policy and the eurozone's vaccination drive. Eurozone PMIs and Fed meeting minutes are set to move the currency pair. Mid-May's daily chart is pointing to further gains. The FX Poll is showing mild downside...
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EUR/USD Is Technically Bearish And Could Challenge The 1.2000 Level
Friday, May 14, 2021 - 10:15am | 423EUR/USD Current Price: 1.2078 US weekly unemployment claims dropped to 473K in the week ended May 7. The focus shifts to US Retail Sales to be out this Friday. EUR/USD is technically bearish and could challenge the 1.2000 level. The EUR/USD pair finished Thursday with modest losses around...
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EUR/USD Trades At Fresh Weekly Lows And Could Keep Falling In The Near-Term
Thursday, May 13, 2021 - 10:30am | 428EUR/USD Current Price: 1.2082 US inflation soared to 4.2% YoY in April, boosting speculation of a tighter monetary policy. Government bond yields jumped to their highest in almost a month. EUR/USD trades at fresh weekly lows and could keep falling in the near-term. The American dollar edged...
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EUR/USD Is Losing Bullish Momentum But Has Still Room To Advance
Wednesday, May 12, 2021 - 5:01pm | 542EUR/USD Current Price: 1.2152 Fears of increasing inflationary pressures hurt the market’s mood ahead of US CPI data. The German ZEW Survey showed that the Economic Sentiment improved in May. EUR/USD is losing bullish momentum but has still room to advance. The dollar extended its decline...
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EUR/USD Struggling To Retain The 1.2000 Level, Bearish Once Below 1.1980
Thursday, May 6, 2021 - 10:34am | 484EUR/USD Current Price: 1.1999 US Federal Reserve officials poured cold water on Treasury Secretary Yellen’s comments. US macroeconomic figures may have missed expectations but indicated continued growth. EUR/USD struggling to retain the 1.2000 level, bearish once below 1.1980. The EUR/USD...
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EUR/USD Is Under Pressure And Near A Critical Fibonacci Support Level At 1.1980
Wednesday, May 5, 2021 - 10:28am | 468EUR/USD Current Price: 1.2012 USD dollar advanced despite lower equities and retreating US Treasury yields. US Treasury Secretary Janet Yellen said that rates might rise to prevent overheating the economy. EUR/USD is under pressure and near a critical Fibonacci support level at 1.1980. The EUR/...