EUR is trading flat against the US Dollar as markets head into Wednesday’s North American session. Overall trading conditions remain calm, with limited volatility across major currency pairs. The EUR has moved within a narrow range for several months, and recent price action reflects caution driven by geopolitical developments and softer eurozone inflation data. According […]
The euro maintained firm support above the 1.1600 level on Friday as traders raised their bets that the Federal Reserve will cut interest rates next month. The EUR/USD pair is set to finish both the week and the month in positive territory, gaining 0.81% this week and 0.59% in November. The pair is currently trading […]
The Euro (EUR) held steady against the US Dollar (USD) on Wednesday, supported by growing expectations of Federal Reserve (Fed) rate cuts and renewed US-China trade tensions. At the time of writing, EUR/USD trades around 1.1621, easing slightly from a six-day high of 1.1645 earlier in the European session. The US Dollar Index (DXY) slipped […]
The Euro (EUR) is holding its ground around the 1.15 level after falling 1.3% against the US Dollar (USD) on Monday. According to Scotiabank strategists Shaun Osborne and Eric Theoret, the currency is trying to stabilize after the sharp decline. Interest Rate Differentials Support the Euro Despite recent volatility, underlying fundamentals remain positive for the […]
EUR/USD continues to decline for a third straight day as global investors react to new tariff threats from U.S. President Donald Trump. The risk-off mood, driven by trade concerns and strong U.S. labor data, has strengthened the U.S. Dollar, sending the Euro further into correction territory. At the time of writing, EUR/USD trades near 1.1680 […]
US Dollar Faces Pressure Amid Economic Uncertainty US Dollar movements have been a key focus in FX markets this week, with a weakening trend driven by softer economic data and policy uncertainty. The February jobs report is now in the spotlight, as a weaker-than-expected figure could reinforce concerns about a sharper economic slowdown in the […]
US Dollar performance is capturing global attention as markets digest President Donald Trump’s recent tariff remarks. Following choppy trading on Monday, the US Dollar is gaining momentum early Tuesday, supported by speculation surrounding trade policy and key economic data releases later in the day. US Dollar Climbs on Trump’s Tariff Comments The US Dollar Index […]
US Dollar regained its footing today, as traders digested the latest developments around Donald Trump and upcoming economic data. The US Dollar Index (DXY) edged higher, but the 108.00 level remains a significant hurdle for further gains. US Dollar Faces Mixed Signals EUR/USD saw its bullish momentum slow near multi-week highs above 1.0400. Meanwhile, GBP/USD […]
Markets are bracing for a significant milestone: parity between the dollar and the euro. This rare event, expected to follow Donald Trump’s inauguration on January 20, has caught the attention of major financial institutions like Bank of New York Mellon (BNY) and Mizuho. The euro’s recent 7% drop against the dollar underscores the growing divergence […]
