EUR/USD loses some early gains as US NFP exceeds expectations – FXStreet
The EUR/USD is losing some of its earlier gains as the US dollar rebounds following the April Non-Farm Payroll (NFP) data. April’s flash HICP data for the Eurozone indicates inflation pressures increased more than anticipated. China has expressed readiness to engage in trade discussions with the United States, which has improved market sentiment. The EUR/USD […]
EUR/USD holds below 1.1300 on firmer US Dollar, all eyes on US NFP data – FXStreet
EUR/USD will lose ground to near 1.1290 in early Asian session on Friday. The US is seeking a tariff talks with China, raising hopes for a de-escalation trade war. Traders are waiting for the US April non-farm salary report later Friday. EUR/USD During the early Asian sessions on Friday, the pair softens to about 1.1290. […]
EUR/USD slumps on increasing hopes of easing US-China trade war – FXStreet
As the US dollar increases the likelihood of elimination of escalations in the US-China trade war, the EUR/USD drops to near 1.1350. Beijing is considering suspending additional duties on some products from the US. ECB Holtzmann warns of the structural weakness of the eurozone economy. EUR/USD During North American trading hours on Friday, trading will […]
EUR/USD gathers strength above 1.1500 as Trump threatens Fed independence – FXStreet
The EUR/USD stiffens at nearly 1.1520 in early Asian sessions on Tuesday. The US dollar will fall significantly after Trump doubles its Fed attack on Powell. The EU is considering changing the methane rules for US gas to support trade talks. The EUR/USD pair will extend its rise to around 1.1520 while under pressure with […]
EUR/USD rises to near 1.1350 ahead of Eurozone HICP inflation data – FXStreet
EUR/USD is supported by improving global risk sentiment. The euro could face headwinds as the market expects a 25 basis point rate cut by the ECB on Thursday. The CME FedWatch tool shows the market is priced at around 85 basis points by the end of the year. EUR/USD traded around 1.1340 during Asian time […]
EUR/USD trades near 1.1350, stays silent as US Dollar seeks to recover stability – FXStreet
The EUR/USD is stable as the US dollar tries to stabilize amid growing concerns for stags. Fed’s Bostic noted that the US Central Bank still faces a long road to reaching its 2% inflation target. The ECB is widely expected to offer 25 basis points of interest rate reduction on Thursday. EUR/USD traded at nearly […]
EUR/USD trades with mild negative bias below 1.0800; focus remains on US PCE Price Index – FXStreet
EUR/USD attracts some sellers during Asian sessions, but there is no follow-through. USD stalls overnight pullbacks from the multi-week top and weighs the measure. Traders are currently looking forward to the US PCE Price Index for meaningful driving forces. The EUR/USD pair struggled to take advantage of the previous day's three-week low, rich bounces from […]
EUR/USD Price Analysis: Consolidates near 1.0800 with bullish trend under soft pressure – FXStreet
EUR/USD was seen hovering near the 1.0800 area after announcing mild losses on Wednesday. Despite the softness of the daytime, the broader trend remains bullish and supported by an average of upward movement. MACD indicates sales signal, support is 1.0770 and resistance is 1.0820 or later. The EUR/USD is trading at a slight weakness in […]
EUR/USD halts recent decline as US Dollar stabilizes – FXStreet
EUR/USD is struggling with a solid footing of nearly 1.0800 as the USD index clings to get it near a three-week high of 104.40. Investors are awaiting US PCE inflation data on Friday for fresh interest rate guidance. ECB Villeroy supports further declines in key borrowing rates. EUR/USD is striving to win the ground after […]
EUR/USD softens below 1.0950 as Fed rate decision looms – FXStreet
For Wednesday's Asian session, the EUR/USD edge is around 1.0935. The Fed is expected to leave interest rates unchanged and will update its rate forecast on Wednesday. German parliament approved plans for a massive spending surge on Tuesday. The EUR/USD pair weakened to nearly 1.0935 during Asian trading hours on Wednesday, putting pressure on a […]