EUR/USD

EUR/USD Current Price: 1.0740 The US Federal Reserve announced it would purchase an unlimited amount of Treasuries, loan facilities. Markit will release this Tuesday the preliminary estimates of  March PMI. EUR/USD´s corrective advance met sellers around a Fibonacci resistance level....

EUR/USD Current Price: 1.0868 With the coronavirus expanding exponentially, speculative interest doubts the situation will revert anytime soon. Wall Street collapsed for a second consecutive day, indexes trading at levels last seen in 2016. EUR/USD near 2020 low at 1.0770, scope to extend its...

EUR/USD Current Price: 1.1006 The US government announced a massive relief package to fight the coronavirus crisis. Data both shores of the Atlantic missed the market’s expectations, fueling growth-related concerns. EUR/USD broke below a critical Fibonacci support level, bearish below 1.1050...

Current Price: 1.1303 US stocks remain volatile, and tensions elevated, eyes turn to coronavirus economic stimulus packages. EUR/USD fills the weekly opening gap on US dollar recovery. The US dollar staged a recovery that gained speed during the American session on Tuesday, sending EUR/USD back...

Current Price: 1.1462 Russia and Saudi Arabia set off a price war, and financial markets collapse. EUR/USD posts highest close in a year, likely to face resistance at 1.1500/15. The EUR/USD pair posted substantial gains on the day crude oil prices collapse triggering chaos across financial...

Current price: 1.1173 EUR/USD climbed to fresh highs on Monday, approaches 1.12 mark. Markets expect central banks to step in to counteract coronavirus damage. The EUR/USD pair extended gains on Monday, stretching to a nearly two-month high of 1.1184 as the greenback continues to face selling...

EUR/USD Current Price: 1.0885 Market players are trying to recover the lost optimism, Wall Street posts modest recovery. Absence of macroeconomic data leaves financial assets in the hands of sentiment. EUR/USD is hovering around 1.0900, bullish potential still limited. The EUR/USD pair has tried...

EUR/USD Current Price: 1.0886 Coronavirus keeps spreading in Europe, spooking investors into safety. US data missed the market’s expectations, hurting the greenback. EUR/USD faces next relevant resistance at 1.0900, the 38.2% retracement of its latest daily slump. The financial world was...

EUR/USD Current Price: 1.0858 German upbeat data and mixed US figures helped EUR/USD to bounce. Coronavirus spreading outside China spurred demand for safety. EUR/USD bounced from 1.0800 area, waiting for a break above 1.0900. Panic led the way this Monday. Weekend news indicating that the...

EUR/USD Current Price: 1.0791 Risk aversion continues to dominate the financial world as the coronavirus takes its toll on economies. Wall Street and government bond yields broke lower, exacerbating the negative mood. EUR/USD holding near multi-month lows just above the 1.0770 support level. The...

EUR/USD Current Price: 1.0798 Coronavirus-related concerns eased, but investors maintain a cautious stance. EU macroeconomic figures missed the market’s expectations, US data upbeat. EUR/USD hovering sub-1.0800, to gain bearish momentum below 1.0770. The EUR/USD pair has spent Wednesday...

EUR/USD Current Price: 1.0795 Data imbalances between the US and the EU keep favouring the downside. Market players concerned about the possible effects of coronavirus on the economy. EUR/USD firmly bearish but extremely oversold, at risk of correcting higher. The EUR/USD pair fell to 1.0784,...

EUR/USD Current Price: 1.0843 German inflation reported as expected in January, US one better than expected. German and EU growth taking centre stage this Friday through Q4 GDP releases. EUR/USD at risk of extending its decline, next relevant support at 1.0770. Risk-off returned to financial...

EUR/USD Current Price: 1.0870 Industrial Production in the Union fell sharply in December, down by 4.1% YoY. Fed’s Chair Powell does not see anything to stop the current economic expansion. EUR/USD resumed its bearish trend, pierced 2019 low at 1.0878. The shared currency continued to...