Euro suffers on weak Eurozone sentiment

The euro remains offered against the US dollar for the second consecutive day on Tuesday. The EURUSD pair’s recovery attempt from fresh one-week lows at 1.1828 remains capped below 1.1850 so far,

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Soft US jobless data pressures dollar

The euro extends its advance against the US dollar on Thursday as the greenback fell to multi-week lows following the latest US Initial Jobless Claims release. The EURUSD currency pair was last

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Dollar weakness after dovish Fed

The EURUSD currency pair is practically flat on Thursday, trading at 1.1695, below the almost two-month highs above 1.1700 hit on Wednesday. The risk-averse mood, triggered by downbeat earnings from Oracle, has

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Euro pulls back, dollar recovers

The EURUSD currency pair is pulling back from its highest levels in more than six weeks, trading at 1.1655 early on Thursday, yet holding most of the ground taken on an eight-day

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Dovish Fed expectations pressure dollar

The euro traded on the front foot against the US dollar on Wednesday, as the greenback remains under sustained selling pressure amid dovish Federal Reserve expectations, while traders digest the latest US

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Euro under pressure on risk aversion

The EURUSD currency pair remains practically flat on Wednesday, hovering below the 1.1500 level and trading near 1.1480. A risk-averse sentiment, amid sharp sell-offs in equities around the world, is underpinning demand

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