EUR/USD rises above 1.1700 after France’s government withstands a no-confidence vote
Market Update: EUR/USD Movement The EUR/USD pair has climbed for the fourth consecutive session, trading around 1.1710 during Asian hours on Friday. The euro is gaining traction following a successful no-confidence vote for the French government. Prime Minister Sébastien Lecornu’s promise to pause critical pension reforms received backing from some left-leaning lawmakers, which likely contributed […]
EUR/USD climbs closer to 1.1670 as the US Dollar keeps falling.
In Asian trading on Thursday, the EUR/USD pair continued its upward trend, reaching approximately 1.1670. Major currency pairs are experiencing gains as the US dollar remains under pressure due to a dovish stance from the Federal Reserve and entrenched trade tensions with China. As of the latest data, the US Dollar Index (DXY), which measures […]
EUR/USD continues to rise as trade worries weaken the US Dollar
A daily digest that moves the market: Intensifying US-China trade tensions continue to negatively impact the US dollar The EUR/USD pair increased for the third consecutive day on Thursday, reaching a one-week peak above 1.1650. Investors are worried about rising trade tensions between the United States and China, coupled with the ongoing federal government shutdown, […]
EUR/USD stabilizes near peak levels after Eurozone Industrial Production figures
On Wednesday, EUR/USD showed strong demand, bouncing back from a two-month low of 1.1542 earlier in the week to just under 1.1650. Surprisingly, the euro seems to have largely ignored a drop in industrial production across the eurozone, which just came in at a decline of 1.2% for August. This decline, mainly driven by a […]
EUR/USD rises past 1.16 as Powell’s neutral stance impacts the Dollar
The EUR/USD pair saw a bit of a rebound on Tuesday, influenced by Fed Chair Jerome Powell’s dovish comments and the French government’s decision to halt pension reform discussions. It is currently trading up by 0.32%, now at 1.1606. Euro rises as Fed chair raises concerns and France halts pension overhaul The euro’s uptick can […]
EUR/USD recovers as US-China tensions rise, attention turns to Powell
The euro (EUR) saw an increase against the US dollar (USD) on Tuesday, recovering from earlier dips as the dollar weakened due to escalating US-China trade tensions and growing expectations for a softer approach from the Federal Reserve. Currently, EUR/USD is around 1.1600, bouncing back from intraday lows near 1.1542. Meanwhile, political developments in France […]
EUR/USD remains close to recent lows due to trade concerns and weak German data
EUR/USD Experiences Continued Decline The EUR/USD pair has recorded its second day of losses on Tuesday, trading slightly below 1.1560 after previously hitting a two-month low of 1.1542 earlier in the session. The euro’s decline appears linked to a risk-averse sentiment driven by renewed worries surrounding the US-China trade war, while Germany’s ZEW business confidence […]
What is the timing of the German ZEW survey and what impact could it have on EUR/USD?
In October, the German ZEW business confidence index rose to 39.3, increasing from 37.3 in September, although it fell short of market expectations, which were set at 40.5. Meanwhile, the current situation index worsened, dropping from -76.4 to -80. This was contrary to forecasts that anticipated a figure of -75. Market Reaction The euro against […]
EUR/USD remains steady above 1.1550 before the release of German ZEW Survey data
EUR/USD Slightly Rises Amid Varied Economic Indicators EUR/USD edged up a bit after a decline of nearly 0.5% in the previous session, hovering around 1.1570 during Asian trading hours on Tuesday. The pair is poised to benefit from the upcoming release of September’s Harmonized Consumer Price Index (HICP) and Germany’s ZEW survey data. Recently, the […]
EURUSD Prediction for Today – 13/10: RSI Indicator Shows a Decline
Created on October 13, 2025 Monday, October 13, 2025: Overview of the euro’s performance against the dollar (EUR/USD) Summary of Today’s EUR/USD Analysis Overall trend: Bearish. Support levels for EUR/USD today: 1.1570 – 1.1500 – 1.1430. Resistance levels for EUR/USD today: 1.1670 – 1.1750 – 1.1820. Trading Signals for EUR/USD: Buy EUR/USD at the 1.1490 […]