EUR/USD

EUR/USD Current Price: 1.0905 US Federal Reserve Powell said the central bank has not run out of armament. German’s Merkel and France’s Macron proposed a rescue plan for the EU. EUR/USD turned short-term bullish may near the critical 1.1000 level. Rallying equities led the way higher...

EUR/USD Current Price: 1.0782 The EU and Germany will publish their preliminary estimates of Q1 GDP this Friday. US President Trump pledged for a stronger dollar, lifting the currency. EUR/USD under pressure below 1.0800, bearish below 1.0760. The greenback stands victorious across the FX board...

EUR/USD Current Price: 1.0807 US annual inflation seen at 0.8% in April, well below the previous 1.5%. Economic reopenings and the return to “normal,” remains as the main market mover. EUR/USD is gaining bearish traction, not yet confirming a steeper decline ahead. The EUR/USD pair...

EUR/USD Current Price: 1.0804 US employment data disappointed once again ahead of the April Nonfarm Payroll report. German dismal industrial production data limited the bullish potential of the common currency. EUR/USD bounced from a fresh multi-week low, retains its bearish stance. The shared...

EUR/USD Current Price: 1.0802 US April ADP survey at -20.23 million ahead of the Nonfarm Payroll report. Germany economic contraction steeper than anticipated weighing on the EUR. EUR/USD technically bearish and heading toward the 1.0700 region. Investors seek safety this Wednesday, with the...

EUR/USD Current Price: 1.0848 US ISM Non-Manufacturing PMI contracted to 41.8 in April, better than anticipated. The market’s mood was upbeat amid economic re-openings. EUR/USD at risk of extending its decline once below 1.0790. A better market mood lifted the greenback, particularly...

EUR/USD Current Price: 1.0906 Sentiment turned sour as US President Trump escalated tensions with China. Data coming from the US and the US continued to reflect the effects of COVID-19 on the economy. EUR/USD pressures the 1.0900 threshold and poised to extend its decline. Risk-off took over the...

EUR/USD Current Price: 1.0958 The ECB made minor twists to its economic policy, acknowledged an “unprecedented contraction.” Most markets to remain closed this Friday as the world celebrates Labour day.   EUR/USD bullish in the short-term, heading toward the psychological 1.1000...

EUR/USD Current Price: 1.0874 US Federal Reserve pledged to do whatever it takes to keep the economy afloat through the pandemic. Gilead reported that remdesivir met the main goal in a clinical trial, boosting optimism. EUR/USD advanced alongside equities, remains within familiar levels below 1....

EUR/USD Current Price: 1.0838 US GDP expected to have contracted by 4.0% in the three months to March. Risk-appetite led the first half of the day, eased after disappointing US data. EUR/USD held within familiar levels, neutral ahead of U.S. critical events. The EUR/USD pair surged to 1.0888,...

EUR/USD Current Price: 1.0829 Investors are cautiously optimistic amid economic re-openings in the northern hemisphere. Major pairs are trading within familiar levels amid critical events scheduled for later this week. EUR/USD neutral in the short-term and holding above 1.0800. The EUR/USD pair...

AUD/USD Current Price: 0.6385 Australian data mixed, economic contraction not as bad as in other regions. Gold prices resumed their advances and reached $1,730.00 a troy ounce. AUD/USD recovery stalled around 0.6400, short-term bullish. The AUD/USD pair is up for a second consecutive day,...

EUR/USD Current Price: 1.0785 Economic downturn in Europe and the US much worse than anticipated. US Durable Goods Orders seen plummeting by 11.9% in March. EUR/USD poised to retest the year low at 1.0678.   The EUR/USD pair is ending Thursday in the red around the 1.0760 price zone, after...

EUR/USD Current Price: 1.0817 Markit will release April preliminary PMI this Thursday, steeper contractions expected. Economies not out of the woods as coronavirus-related numbers remain way too high. EUR/USD under selling pressure near 1.0800 as demand for the greenback remains strong. The EUR/...

EUR/USD Current Price: 1.0858 Crude oil prices remained under pressure and weighed on the market’s mood. Business sentiment in Germany improved, although the assessment of the current situation plunged. EUR/USD neutral-to-bearish, buyers are defending the downside around 1.0800. The...