EUR/USD stays around 1.1600 as weak CPI data does not change Fed position
The EUR/USD pair is projected to finish the week down by 0.21%, though it has managed to stay above 1.16 for the third consecutive day. There seems to be a significant resistance that is limiting any upward movement, especially since recent U.S. economic data might not keep the Federal Reserve from lowering interest rates. Positive […]
EUR/USD holds steady at lower levels as Eurozone PMIs take center stage
The EUR/USD exchange rate has bounced back from earlier losses, now hovering around 1.1615, largely due to encouraging business activity reports from Germany and the eurozone. On the daily chart, it seems relatively stable. Still, the currency pair is somewhat stuck in a range from the previous days, with many traders now looking ahead to […]
What time are the German/Eurozone flash HCOB PMIs and how might they impact EUR/USD?
The German economy’s composite Purchasing Managers Index (PMI) showed unexpected stability, rising from 52.0 in September to 53.8 in October based on preliminary data. While experts anticipated some expansion in business activity, it was thought to be at a more moderate pace. Notably, the service sector’s strong growth significantly contributed to the PMI increase. The […]
EUR/USD remains stable around 1.16 as traders prepare for US inflation figures
EUR/USD held steady during North American trading on Thursday, with the dollar gaining slightly over 0.05% as investors awaited US inflation figures for September. Currently, the pair is at 1.1617 after dipping to 1.1585 earlier. Before key CPI trends, market movements remain slow amid sparse data and caution. Limited economic data emerged from both sides […]
EUR/USD Outlook for 23/10: Continued Bearish Pressure
Created on October 23, 2025 The euro has bounced back from the support level at 1.1550 reached on Wednesday, yet it seems to remain in a phase of consolidation. Analysts suggest a short sell rally might occur around the 1.17 resistance due to the ongoing bearish sentiment, the prevailing dominance of USD interest rates, and […]
EUR/USD slips as markets remain cautious amid ongoing trade tensions
EUR/USD Trends Amidst Trade Tensions The EUR/USD pair experienced a decline at the start of European trading on Thursday, dropping below 1.1600 from the previous day’s peak of 1.1620. This shift can be attributed to renewed trade tensions between the United States and China, which have given a boost to the safe-haven dollar. However, market […]
EUR/USD slips closer to 1.1600 as the US Dollar recovers, attention on US inflation data
Forex Market Update EUR/USD dipped to approximately 1.1600 during late Asian trading on Thursday. The major currency pairs are experiencing some selling pressure as the US dollar (USD) gains strength following a correction on Wednesday. The U.S. Dollar Index (DXY), which measures the dollar’s value against six major currencies, has increased to almost 99.00. Despite […]
EUR/USD Outlook for 22/10: Slipping Slightly Lower (Video)
Created on October 22, 2025 The euro dipped again against the US dollar during Tuesday’s trading, as the US dollar kept gaining ground. This market, as of now, is slightly below the significant 50-day EMA. By the close, I think there’s still quite a bit of support around the 1.1550 mark. If we fall below […]
EUR/USD aims to strengthen around 1.1600, but the future is unclear
EUR/USD Situation Update The EUR/USD currency pair is attempting to stabilize around 1.1600 during the Asian session on Wednesday, following three days of declines. Major currency pairs are facing difficulty making any significant gains as the US dollar (USD) continues its upward trend, buoyed by diminishing trade tensions between the US and China. As of […]
EUR/USD falls as the Dollar strengthens amid trade discussions and optimism about the US government
During the North American trading session, the EUR/USD declined by 0.31%, with the U.S. dollar gaining strength as President Trump eased his harsh stance on China. The pair is currently at 1.1599, down from a peak of 1.1655. Dollar Rises as Trump Signals Trade Dialogue with Xi, Filling Investors with Hope over Government Shutdown Without […]