EUR/USD

EUR/USD Current Price: 1.2062 The US economy kept growing in April but at a slower than expected pace. German Retail Sales unexpectedly rose by 11% YoY in March. EUR/USD has retained the 1.2000 threshold, but its bullish potential is limited. The EUR/USD pair trades around 1.2060, up for...

EUR/USD Current Price: 1.2123 US GDP surged to 6.4% in the first quarter of the year, beating expectations. Germany and the EU will report on Q1 growth on Friday. EUR/USD has lost bullish momentum, but there are no signs of an upcoming slide. The EUR/USD pair advanced to a fresh monthly...

EUR/USD Current Price: 1.2122 German’s GFK Consumer Confidence Survey unexpectedly fell to -8.8 in May. The Fed is not thinking about tapering but for sure sees things improving. EUR/USD holds on to intraday gains and could extend its rally towards 1.2200. The EUR/USD pair reached...

EUR/USD Current Price: 1.2086 US data beat expectations, but investors remained in cautious mode. US Federal Reserve set to announce its monetary policy decision on Wednesday. EUR/USD is technically neutral in the near-term but holding near monthly highs. The EUR/USD pair held within familiar...

EUR/USD Current Price: 1.2092 Dismal EU and US data weighed on investors’ mood ahead of first-tier events. Market participants are cautious ahead of Fed’ decision, Q1 GDP figures. EUR/USD holds near the 1.2100 figure and could keep posting gains. The EUR/USD pair hovers around 1...

EUR/USD Current Price: 1.2005 The European Central Bank left rates unchanged, maintained a cautious outlook. Markit will release on Friday the preliminary estimates of its April PMIs. EUR/USD turned bearish in the near-term, could approach the 1.1900 area. The greenback surged in the American...

EUR/USD Current Price: 1.1915 The ECB could start reducing its bond purchases during the summer. US unemployment claims unexpectedly surged in the week ended April 2. EUR/USD has room to extend its advance beyond the 1.2000 mark. The American dollar was once again the weakest, resulting in EUR/...

EUR/USD Current Price: 1.1771 US ISM Manufacturing PMI expanded in March at the fastest pace since 1983, jumping to 64.7. Most countries will be on holidays this Friday amid Good Friday. EUR/USD has shrugged off its bearish tone but is far from signaling a steeper advance. The dollar edged...

EUR/USD Current Price: 1.1729 ECB’s President Lagarde said the market moves wouldn’t lead the monetary policy. US ADP survey showed that the private sector added 517K new jobs in March. EUR/USD is still at risk of falling in the near-term, but it depends on Biden’s words. The...

EUR/USD Current Price: 1.1853 US Treasury yields flirted with one-year highs as investors welcomed stimulus news. The focus shifts to US House voting on US President Joe Biden’s stimulus bill. EUR/USD hovers near daily lows, maintaining its bearish stance in the near-term. The EUR/USD...

EUR/USD Current Price: 1.2036 Upbeat US Retail Sales and soaring Treasury yields boosted the greenback. FOMC Meeting Minutes noted economic recovery moderated in the last months.  EUR/USD has turned bearish in the near-term and could retest the 1.1951 level. The EUR/USD pair traded as...

EUR/USD Current Price: 1.2110 The German ZEW Survey showed that the Economic Sentiment improved in February. The US will publish January Retail Sales on Wednesday, foreseen 1.0% up. EUR/USD is technically neutral, but the risk of a bearish extension increased. The American dollar fell throughout...

EUR/USD Current Price: 1.2131 Investors’ optimism about a US stimulus package and covid immunization weighed on the dollar. A scarce macroeconomic calendar and a US holiday maintained the pair ranging. EUR/USD neutral-to-bullish in the near term, dips are seen as buying opportunities. Dull...

EUR/USD Current Price: 1.2129 US inflation was confirmed at 1.4% YoY in January, missing expectations. US equities plunged after reaching record highs, remained in the red. EUR/USD could extend its advance on a break above the 1.2170/80 price zone. The greenback continued to shed ground against...

EUR/USD Current Price: 1.2107 Germany and the US will publish updates on January inflation this Wednesday. US Treasury yields edge lower, dragging the greenback alongside. EUR/USD is holding on to daily gains, has room to extend its advance. The EUR/USD pair peaked at 1.2115, its highest in...