EUR/USD rises following mixed U.S. data, attention turns to Trump-Putin meeting
EUR/USD Overview EUR/USD sees a 0.47% increase to 1.1702, bolstered by positive US retail sales from July and June. Market focus shifts to the Trump-Putin summit in Anchorage, where analysts express doubt about achieving a ceasefire in Ukraine. UBS projects a rise of EUR/USD to 1.21 by year-end if a ceasefire occurs. US consumer sentiment […]
EUR/USD recovers as mixed US data affects expectations for Fed rate cuts
The EUR/USD has bounced back toward 1.1700 amid mixed data, affecting the dollar and reducing expectations for a Federal Reserve rate cut. Retail sales in July increased by 0.5%, aligning with predictions, but this was also influenced by a June rise that surpassed 0.9%. The CME FedWatch tool indicates an 88% likelihood of a 25 […]
EUR/USD remains above 1.1650, recovers after a decline of almost half a percentage point
The US dollar is facing challenges, causing the US/USD to rise amid speculation about potential Fed rate cuts. On Thursday, the pair saw a nearly 0.5% decline, driven by strong US economic indicators. The Euro might gain support from an anticipated widening gap between Fed and ECB interest rates. During Asian trading hours on Friday, […]
EUR/USD falls sharply as high US PPI dampens expectations for large Fed rate cuts
Market Overview: EUR/USD Drops Post US Inflation Data After a notable rise in US producer price indices (PPIs) for July, EUR/USD decreased by 0.57%, landing at 1.1638. Inflation is impacted by tariff adjustments, while unemployment claims show a slight decline, pointing to a sturdy labor market. The market is beginning to discount a Federal Reserve […]
EUR/USD falls back as US dollar strengthens following July PPI inflation increase
The EUR/USD dropped to 1.1650, a decrease of 0.45% for the day, breaking a two-day upward trend. The US Dollar Index (DXY) has bounced back past the key level of 98.00 after reaching a two-week low. US PPI data reflects a significant rise in July, with both headline and core figures exceeding forecasts. On Thursday, […]
EUR/USD remains stable near 1.1700 before Q2 Eurozone GDP and US PPI data
EUR/USD remains steady as it awaits the release of total eurozone production figures for the second quarter. CME’s FedWatch tool indicates a nearly 94% probability of a 25 basis point rate cut in September. U.S. Treasury Secretary Scott Bescent believes that the Fed could implement a 50 basis point rate reduction in September. The EUR/USD […]
EUR/USD stays above 1.1600 as sentiment brightens with the approaching US-Russia meeting.
Market sentiment improves, benefitting the EUR/USD ahead of the upcoming US-Russia conference. Trump and Putin are set to meet to discuss the situation in Ukraine. Traders are on alert for US inflation data that could influence the Federal Reserve’s interest rate decisions. On Tuesday, during Asian trading, the EUR/USD hovered around 1.1620 after experiencing declines […]
EUR/USD declines as US inflation data approaches and geopolitical discussions take place
EUR/USD decreased by 0.30%, currently trading at 1.1605 after reaching a high of 1.1675 during the day. Investors bought US dollars in anticipation of the July CPI release, which could undermine expectations for rate cuts from the Federal Reserve. In Italy, July’s inflation remained steady at 1.7% year-on-year, aligning with the ECB’s targets and last […]
EUR/USD Forex Signal for Today 11/08: Short-term Dip (Chart)
Created on August 11, 2025 Bearish Perspective Consider selling EUR/USD pairs and aim for a take profit at 1.1550. Set a stop loss at 1.1750. Expected timeline: 1-2 days. Strong Positive Outlook Buy the EUR/USD pair with a take profit set at 1.1750. Place a stop loss at 1.1550. The EUR/USD pair is hovering as […]
EUR/USD Outlook: Euro still needs to overcome important resistance level
During Monday’s European session, EUR/USD is expected to hover around 1.1650. Dovish comments from the Fed hinder the US dollar’s strength. Attention will be on developments in US-China trade negotiations. After a slight uptick last week, the EUR/USD has settled on Monday, trading around 1.1650 during European hours. The technical landscape indicates that there’s a […]