EUR/USD grapples with higher ground as Fed cuts weigh on Greenback – FXStreet
EUR/USD traded at the 1.1150 level on Thursday. Broad-based dollar selling has led to bullish trends in U.S. dollar-based currency pairs. Eurozone data remains weak as markets focus on Fed rate cuts. EUR/USD made higher highs on Thursday and held firm above the 1.1150 level, but most of the bullish momentum for this pair is […]
EUR/USD flat lines above 1.1100 after Fed's bumper rate cut – FXStreet
EUR/USD was trading sideways around the 1.1120 level in early European session on Thursday. At its September meeting, the Fed cut interest rates by 50 basis points, setting a new target range for interest rates of 4.75% to 5.00%. The euro area's annual HICP stabilized at 2.2% in August, as expected. The EUR/USD pair traded […]
EUR/USD: Euro Eyes $1.11 After ECB Cuts Rates to 3.5%, US Dollar Retreats Broadly – TradingView
EUR/USD: ECB Cuts Interest Rates to 3.5%, USD Falls Hard, EUR Aims for $1.11 — TradingView News Illustration: TradingView of EUR/USD pair The US dollar strengthened towards the 1.11 level after the European Central Bank cut its benchmark interest rate by 25 basis points to 3.5% on Thursday. The move, which comes on the back […]
EUR/USD hangs near multi-month low, defends 1.1000 mark ahead of ECB meeting – FXStreet
EUR/USD is stabilizing above the 1.1000 level as traders eagerly await the ECB's policy decision. Diminished expectations of more aggressive Fed easing have weakened the US dollar, limiting gains for major currencies. Traders appeared cautious ahead of major central bank event risks and the release of the U.S. Producer Price Index. The EUR/USD pair struggled […]
EUR/USD rebounds as Dollar weakens following Trump-Harris debate – FXStreet
EUR/USD is rising as the US Dollar falls following the Trump-Harris TV debate. After the debate, the general consensus was that Vice President Kamala Harris had performed better. The US dollar is falling as it is unlikely that President Trump will be able to implement policies favorable to the dollar. EUR/USD is trading at the […]
EUR/USD trades around 1.1050 after halting a three-day losing streak, US CPI eyed – FXStreet
EUR/USD rises ahead of US inflation data due on Wednesday. The US dollar has weakened as Treasury prices continue to fall amid growing likelihood of a rate cut by the Fed in September. Traders expect the ECB to cut interest rates by 25 basis points when it meets on Thursday. EUR/USD stopped a three-day losing […]
EUR/USD slumps as Fed seems to cut interest rates gradually – FXStreet
EUR/USD fell below 1.1050 as the US Dollar strengthened on expectations that the Federal Reserve will opt for a small interest rate cut this month. Investors are awaiting the US Consumer Price Index (CPI) on Wednesday for new guidance on interest rates. The ECB is expected to cut interest rates this week. EUR/USD is trading […]
EUR/USD Price Forecast: Two-day uptrend pauses near 50% Fibo., looks to US NFP for fresh impetus – FXStreet
EUR/USD is consolidating gains from Tuesday's over two-week lows. Investors are eagerly awaiting details of the U.S. jobs report before placing any new directional bets. This setup favors bullish traders and boosts the prospects of further upside. The EUR/USD pair struggled to capitalize on the gains recorded over the past two days and fluctuated within […]
EUR/USD Price Forecast: Bounces-off key support near 1.1110 ahead of German/ US data – FXStreet
EUR/USD bounced off the key Fibonacci support at 1.1107 as US Dollar selling resumed. Risk aversion and fears over pre-German inflation and US GDP could limit the pair's upside. Daily technical setups continue to remain constructive for EUR/USD in the near term. EUR/USD It moved back into the green zone early Thursday, reversing some of […]
EUR/USD pares recent gains, poised for further downside – FXStreet
EUR/USD dipped below 1.1150 as bidders struggled to maintain balance. The breakdown in bullish market sentiment has given the US dollar some breathing room. Investors will be focused on EU and US inflation figures due to be released this weekend. EUR/USD pared recent gains and retreated to a new record high this year on Wednesday […]