EUR/USD stabilizes close to peaks before the Eurozone HICP announcement
EUR/USD Market Update The EUR/USD saw a slight increase on Tuesday, trading at 1.1615, following a drop from a two-week peak of over 1.1650 the day before. The U.S. dollar has bounced back from its recent lows as investors exercise caution while they await the preliminary data on the Eurozone’s Harmonized Consumer Price Index (HICP) […]
EUR/USD remains steady as varied PMI reports put pressure on the Dollar.
The euro (EUR) remained stable against the US dollar (USD) on Monday, with the EUR/USD pair sitting near recent highs it reached earlier in the day as traders looked over the latest ISM Manufacturing Purchasing Managers’ Index (PMI) data. As of now, EUR/USD is trading around 1.1631, marking its sixth consecutive day of gains. There’s […]
EUR/USD holds onto gains before the Eurozone Manufacturing PMI
The EUR/USD pair is holding steady, climbing for the sixth consecutive day on Monday and trading just below a two-week peak of 1.1620. Even though the Eurozone’s Purchasing Managers’ Index (PMI) was revised downward for November, it didn’t significantly shake the euro, which is benefiting from a weaker US dollar. The US dollar is under […]
EUR/USD Price Outlook: At a critical point around 1.1600
Market Update: EUR/USD Stays Steady The EUR/USD currency pair is trading steadily around 1.1600 at the start of the European trading session on Monday. Major currency pairings seem to be gaining some strength as investors wait for the preliminary Eurozone Harmonized Consumer Price Index (HICP) data set to be released on Tuesday. Market participants are […]
EUR/USD loses ground as German HICP approaches
The EUR/USD currency pair has pulled back from highs above 1.1600, now trading around 1.1560. This shift comes after a mixed bag of data from the euro zone, with traders now anticipating Germany’s upcoming inflation figures. Overall, there’s a prevailing sentiment that the U.S. Federal Reserve may lower interest rates in December, adding pressure to […]
EUR/USD Outlook for 28/11: Steady at Resistance (Chart)
Euro Trading Review On November 28, 2025, trading of the euro was quiet over the US Thanksgiving holiday, with price movements staying around significant technical levels. The currency pair is at a critical juncture, with support and resistance areas that could influence its direction. However, the broader trends are largely tied to movements in the […]
What is the timing of German Retail Sales and how might they impact EUR/USD?
In October, German retail sales saw an increase of 0.9% year-on-year, which is a notable rise compared to market expectations of just 0.2%. This follows a revised increase of 0.8% from September, which was initially reported as 0.2%. However, on a monthly basis, retail sales dropped by 0.3% in October, following a revised 0.3% increase […]
EUR/USD retreats from weekly peaks as the US Dollar strengthens
The EUR/USD pair is experiencing some decline as it approaches midday in Europe, currently hovering around 1.1585 after an earlier attempt to surpass 1.1600 failed. The consumer confidence data from the Eurozone didn’t catch many by surprise, but market optimism about potential monetary easing by the Federal Reserve in the near future is keeping demand […]
EUR/USD rises above 1.1600, aiming for 200-day average due to USD decline
EUR/USD Continues Uptrend The EUR/USD pair has gained momentum for the fourth consecutive day, crossing the 1.1600 mark during the Asian trading session on Thursday, and achieving a high not seen in a week and a half. This rise appears to be driven by a selling trend in the US dollar, pushing the pair closer […]
EUR/USD rises slightly as US data does not change dovish Fed outlook
Euro Holds Steady Against US Dollar The euro (EUR) remained stable against the US dollar (USD) on Wednesday, with the EUR/USD pair seeing a slight increase after an initial decline prompted by new US economic data. Currently, it’s trading around 1.1580, bouncing back from a daily low of 1.1547. Looking at the recent US statistics […]