Tag: euro

EUR/USD posts yearly highs; settles above psychological 1.10
EURUSD
0.55%

EUR/USD posts yearly highs; settles above psychological 1.10

Investors are pricing in more dovish Fed than the ECB, resulting in the current leg higher in the EUR/USD pair.

EUR/JPY forms a massive falling wedge pattern

The technical formation could send the euro sharply higher as investors price in more ECB rate hikes.
EUR/USD pumps to 9-mth highs amid ECB expectations
EURUSD
0.55%

EUR/USD pumps to 9-mth highs amid ECB expectations

It looks like another bullish week for the shared currency as markets continue to price in hawkish ECB and dovish Fed.
Focus on central banks: will ECB create havoc in Europe in 2023? ★ Premium This content is only available for registered users - sign up for free now

Focus on central banks: will ECB create havoc in Europe in 2023?

The ECB is expected to continue raising rates, although the terminal rate will likely stop at half the Fed's rate.
Croatia thinks of euro adoption as a safe decision – here’s why
EURUSD
0.55%

Croatia thinks of euro adoption as a safe decision – here’s why

Croatia finally adopted the common EU currency. The nation thinks this is a secure and unifying step, which will boost the economy.
EUR/USD trades choppy, lacks direction
EURUSD
0.55%

EUR/USD trades choppy, lacks direction

Volatility remains elevated, however, the direction of the euro seems unclear so far.
EUR/USD advances after ECB accounts, German data
EURUSD
0.55%

EUR/USD advances after ECB accounts, German data

The dollar continues in its losing streak, failing to recover and pushing EUR/USD toward 1.05.
US markets closed on a positive note
DOW
-0.35%

US markets closed on a positive note

Retailer results pull gains on Dow, Dollar eases off highs to shift trading towards more risky pairs. Fed may finally ease up on hikes.

ECB pulls up to €300 billion out of the eurozone

The money will come from banks in the eurozone as part of the repayment of a long-standing loan. This is an effort to fight inflation.
EUR/USD falls at the start of the week, eyes 1.02
EURUSD
0.55%

EUR/USD falls at the start of the week, eyes 1.02

The shared currency started the week in a negative trend, as investors took profits from the recent rally.
EUR/USD weakens again, targets 0.98
EURUSD
0.55%

EUR/USD weakens again, targets 0.98

Weak macro data and high inflation numbers from EU prompted another day of selling in the EUR/USD pair.
ECB follows Fed and lifts interest rates by 75bps ★ Premium This content is only available for registered users - sign up for free now

ECB follows Fed and lifts interest rates by 75bps

The Eurodollar hovered around parity as the European Central Bank lifted interest rates by 75 bps as expected.