EURUSD recovered to near the crucial support of 1.0700 in Friday’s European trading. The major currency pair rises as the market sentiment remains positive ahead of the US core Personal Consumption Expenditure price index (PCE)
The EURUSD extended its recovery to 1.0740 in Tuesday’s European trading, with the major currency pair rising as growing optimism for the Fed to reduce interest rates twice this year has increased
The EURUSD faces selling pressure in Friday’s European trades due to multiple headwinds. The major currency pair declined to a six-week low near 1.0670 as the Euro weakened after downbeat Eurozone preliminary PMI
The EURUSD pair weakened near 1.0730, snapping the three-day winning streak during early European trading on Thursday, with the upside for the pair seeming limited as investors are worried about political uncertainty
EURUSD slipped further into the low end on Friday, clipping into 1.0670 before recovering to the 1.0700 handle during the US market session. Political pressure is weighing down the Euro after a
The EURUSD corrected to a near round-level figure of 1.0800 in Thursday’s late European trading. The major currency pair faces pressure after a bullish Wednesday, when it rallied to 1.0850 from an almost six-week
The EURUSD pair edged higher in early Asian trading on Tuesday and is currently in the 1.0765-1.0770 range, albeit lacking strong follow-through buying. Moreover, the fundamental backdrop and the technical setup warrant
Following Wednesday’s choppy action in foreign exchange markets, investors are gearing up for key events that could ramp up the volatility. The European Central Bank will announce monetary policy decisions on Thursday
Following Thursday’s choppy action, major currency pairs are holding steady early Friday as investors gear up for key data releases. Eurostat will publish the Harmonised Index of Consumer Prices (HICP) and the
The EURUSD pair is stuck in a tight range around 1.0850 in Monday’s European trading, in a calm start to the week ahead of the release of inflation data on both sides