EUR/USD Price Outlook: Euro strengthens, approaching important resistance near 1.1600
The euro (EUR) continued its upward trend against the US dollar (USD) on Friday, benefiting from a decline in the dollar. Currently, EUR/USD is trading around 1.1575, marking its highest point since October 30th. The pair has regained momentum after briefly hitting a three-month low on Wednesday and seems set for a weekly increase after […]
Bulgaria ready to adopt the euro: moving towards a common future
Speech by ECB President Christine Lagarde at the high-level meeting on “Bulgaria, the gateway to the eurozone” co-organized by the Bulgarian Ministry of Finance and the Bulgarian National Bank Sofia, November 4, 2025 As of January 1, 2026, Bulgaria will officially adopt the euro. While it can seem like a sudden shift, it’s really the […]
Euro rises above 1.1650, but budget uncertainty could limit increases
The EUR/USD is making gains, hovering around 1.1670 as European trading kicks off on Monday. The euro has shown some strength against the US dollar, likely due to improved risk sentiment. Nevertheless, escalating fiscal uncertainties in France could put a cap on gains for major currency pairs. Traders are also keenly awaiting Germany’s producer price […]
Today’s Focus: Final inflation data in the euro area takes the spotlight
The U.S. dollar (USD) continued to decline on Thursday, reaching lows not seen in several days as investors considered the likelihood of rate cuts from the Federal Reserve and the economic consequences of a potential government shutdown in the U.S. Here’s what to expect on Friday, October 17th. The U.S. Dollar Index (DXY) dropped further, […]
Dollar Weakens Against Yen and Euro Amid Trade Dispute and Interest Rate Concerns
U.S. Dollar Weakens Amid Global Tensions The U.S. dollar experienced a decline for the third consecutive session on Thursday, facing off against major currencies like the euro, yen, and Swiss franc. This trend came as markets absorbed recent comments from Federal Reserve officials along with ongoing tensions between the U.S. and China. China has accused […]
Euro rises past 1.1600 as Powell from the Fed suggests possibility of rate cuts
EUR/USD Movement and Economic Insights On Wednesday, the EUR/USD pair climbed to about 1.1620 during Asian trading. The U.S. dollar has been on a downward trajectory against the euro this month, largely thanks to remarks from Federal Reserve Chairman Jerome Powell that have bolstered speculation regarding interest rate cuts. Later today, we can expect the […]
Euro recovers some losses versus Swiss Franc after ECB Monetary Policy Accounts confirm stable approach
The euro (EUR) rose slightly against the Swiss franc (CHF) on Thursday, recovering from earlier losses after a shaky start to the day. As of now, the EUR/CHF pair is trading around 0.9320, bouncing back from intraday lows near 0.9300, and trying to make a gradual recovery after hitting a two-month low earlier this week. […]
Euro drops below 1.1650 as French political crisis worsens
On Wednesday, during Asian trading hours, the euro/USD was trading around 1.1620, drawing some selling interest. The euro (EUR) weakened against the US dollar (USD), mainly due to worries surrounding the political situation in France. The FOMC minutes are expected to be a key focus later on Wednesday. The common currency remains under pressure after […]
EUR/USD falls as French political unrest impacts Euro
The EUR/USD pair dropped on Tuesday, influenced by political instability in France amid a U.S. government shutdown. The U.S. Dollar Index (DXY), which had been sliding, surprisingly rebounded by 0.52% during the day. Currently, the pair sits at a 0.46% decline, trading at 1.1654. Impact of France’s Fiscal Crisis and Fed’s Policies on the Euro […]
Euro stays strong as Germany prepares for inflation report.
On Monday, the Euro (EUR) gained against the US dollar (USD), with the Euro/USD pair climbing 0.3% to about 1.1740. Investors are now looking ahead to the Preliminary German inflation numbers set to be released on Tuesday at 12:00 GMT for September. Traders are being a bit cautious, as they understand that the inflation data […]