Westpac aims for 1.22 in EUR/USD and 1.41 in GBP/USD over the long term
Westpac Forecasts a Weaker Dollar Amid Global Economic Shifts Westpac has indicated that the outlook for the dollar is leaning towards a decline, suggesting that risks are predominantly negative. Looking forward, U.S. economic growth is anticipated to exceed the trend in 2026, largely driven by consumer expenditure and technological investments. Despite this positive forecast, inflationary […]
EUR/USD remains low around 1.1850 as holiday breaks in the US and China limit trading activity
The EUR/USD pair opened the week on a weak note, hovering around 1.1860 during Asian trading on Monday. Trading volumes are likely to stay low, particularly with US markets closed for President’s Day and mainland China observing the week-long Lunar New Year break. However, the drop in EUR/USD might not be too pronounced. Weak January […]
EUR/USD stabilizes around 1.1870 due to declining US inflation affecting the Dollar
The euro (EUR) recovered some of its value against the US dollar (USD) on Friday, with the EUR/USD pair bouncing back from earlier declines as weaker US Consumer Price Index (CPI) data impacted the dollar. As of this writing, the currency pair was around 1.1870, showing little change for the day, but still on track […]
EUR/USD Price Prediction: Approaches nine-day EMA support around 1.1850
The EUR/USD currency pair has seen a downward trend for four consecutive days, currently trading around 1.1870 during Asian hours on Friday. The 14-day Relative Strength Index (RSI) is above the midpoint at 56, which suggests that momentum remains stable. Even though the RSI has slightly decreased, it stays above 50, indicating a positive momentum […]
EUR/USD shifts to a positive stance on daily charts as the US Dollar’s rebound weakens.
The euro (EUR) saw a slight increase against the US dollar (USD) on Thursday, trading at 1.1880. This was a rise from the previous day’s low of 1.1833. The losses for the pair have decreased somewhat, influenced by a moderate appetite for risk and a strong U.S. non-farm payrolls (NFP) report contributing to USD weakness. […]
EUR/USD pulls back from peaks as the US Nonfarm Payrolls report approaches.
As of Wednesday, the euro (EUR) is trading around 1.1900, having bounced back from earlier lows against the US dollar (USD) while encountering resistance at February peaks near 1.1925. Still, it sits about 1.1% higher than last week’s lows, amid fresh worries about the economic outlook following some disappointing US data. Everyone is now looking […]
EUR/USD strengthens above 1.1900 before US January NFP data
On Wednesday morning in Europe, the EUR/USD exchange rate rose to about 1.1915, bolstered by a weakening U.S. dollar. There’s a bit of a cautious atmosphere in the markets as traders await new insights from the U.S. jobs data set to be released later, which will likely influence Federal Reserve decisions. U.S. retail sales data […]
EUR/USD Prediction for Today 10/02: Euro Gains Ground on Monday as Traders
Created on February 10, 2026 The euro experienced a slight uptick early Monday as the markets leaned toward the possibility of lower interest rates in the U.S. euro/usd This minor recovery in the euro coincided with overall weakness in the U.S. dollar. Following the European Central Bank’s (ECB) decision last week to maintain interest rates […]
EUR/USD reaches one-week highs against a weak US Dollar
The euro (EUR) remained largely unchanged against the US dollar (USD) on Tuesday, trading at 1.1905. It has stabilized near a one-week high following two consecutive days of gains. As the market anticipates significant US economic indicators, the dollar remains weak amid a generally optimistic sentiment. On Monday, economic adviser Kevin Hassett from the White […]
EUR/USD stabilizes around 1.0900 as traders anticipate US Retail Sales figures
During Asian trading on Tuesday, the EUR/USD currency pair is fluctuating within a narrow band, building on the substantial gains seen over the last couple of days. Currently, spot prices hover around the 1.1900 level, slightly below the peak reached earlier. The US dollar has bounced back from its recent plunge to a six-day low, […]