Upcoming Week: US Dollar falters amid trade uncertainty with NFP and Eurozone HICP on the horizon
This week, the U.S. dollar (USD) experienced some stagnation, primarily due to ongoing geopolitical tensions and shifts in U.S. trade policies. Following the Supreme Court’s declaration that the Trump administration’s tariffs were illegal, the former administration imposed new tariffs in response. Interestingly, despite the release of better-than-expected producer price index (PPI) figures, the dollar didn’t […]
Euro stabilizes above 1.1750 before important US data and Eurozone PMI release
The EUR/USD pair is holding steady around 1.1770 early in the Asian trading session on Friday. Speculation surrounding the European Central Bank (ECB) indicates that there’s limited potential for the euro (EUR) to rise. According to the Financial Times, ECB President Christine Lagarde may resign before completing her full eight-year term. Analysts believe that such […]
EUR/USD remains stable, unaffected by disappointing Eurozone manufacturing figures
On Monday, the euro (EUR) was nearly unchanged against the US dollar (USD), trading at around 1.1865. The factory output figures from the Eurozone for December reflected expectations of a significant drop, yet the currency pair didn’t see much movement, likely due to lower trading volumes. Data from Destatis revealed that Eurozone industrial production dipped […]
Foreign Exchange Today: Attention turns to Eurozone GDP and US inflation figures
Market Overview – February 13th Here’s a brief update on the financial landscape as we head into Friday. The U.S. dollar (USD) showed a slight recovery early on Friday after facing some indecision towards the end of the week. Eurostat is set to release the initial GDP figures for the fourth quarter during the European […]
EUR/USD rebounds from lows as attention turns to Eurozone HICP data
Euro Makes Slight Gains Against the Dollar The euro (EUR) is edging up against the US dollar (USD), currently trading at 1.1825, which is fairly close to its weekly low of 1.1775. The disappointment stemming from the Eurozone’s HCOB Services Purchasing Managers’ Index (PMI) hasn’t heavily impacted the currency, as traders seem cautious, awaiting January’s […]
Today’s Forex Market: Attention turns to Eurozone inflation and important US data
So, here’s what’s happening on Thursday, February 4th. Major currency pairs were rather quiet early on Wednesday as investors prepared for some critical macroeconomic data. Eurostat is set to release the January inflation figures later, while the U.S. economic calendar features private sector employment data and PMI data from the Institute for Supply Management. On […]
EUR/USD holds steady over 1.1800 before Eurozone CPI and US data
The EUR/USD pair has had a tough time taking advantage of a slight recovery from the prior day’s low of around 1.1780-1.1775, still holding within a tight range during Wednesday’s Asian trading. Currently, it’s hovering near the 1.1815 mark, showing little change today, as traders eagerly anticipate the upcoming Eurozone Consumer Inflation Report. Preliminary estimates […]
Euro rises above 1.1800 before Eurozone HICP announcement
EUR/USD Shows Stability Amid Economic Developments EUR/USD held steady around the 1.1830 mark during early European trading on Wednesday. However, there are signs that gains for major currency pairs might be capped as traders exercise caution with the recent resolution of the partial government shutdown. Focus will shift to the Eurozone’s harmonized consumer price index […]
Trump’s tariffs and the drop in the dollar pose a double challenge for eurozone exports.
The US dollar continues to decline sharply against other major currencies, following a trend that saw its largest annual depreciation in nearly a decade in 2025. This past Tuesday, the dollar dropped 1.3% against a collection of currencies, marking a total decline of 2.6% since the start of 2026. In 2025, it saw a 9.5% […]
EUR/USD declines close to one-month lows before Eurozone data releases
The EUR/USD currency pair is currently trading in a narrow range below the 1.1700 mark, sitting at around 1.1680 as of this moment. There was an unexpected drop in the unemployment rate across the eurozone, along with some positive business confidence indicators, but these have only had a minor effect on the euro’s movement. On […]