EUR/USD Mid-Session Update for May 16, 2022

The Euro is trading higher against the U.S. Dollar on Monday as Euro Zone Government bonds rose back towards recent multi-year highs, after European Central Bank policymaker Francois Villeroy de Galha...

EUR/USD: parity is just around the corner, says Amundi

The US dollar rallies across the FX dashboard as the Federal Reserve embarks on a new tightening cycle. The US central bank has already raised the funds rate twice. In May, it did so by hiking 50bp. B...

EUR/USD Price Forecast – Euro Breaks Through Support

Euro vs US Dollar Technical Analysis The Euro has found itself in a mess during the trading session on Thursday as we have sliced through the 1.05 level. The 1.05 level is a prominent, round, psycholo...

EURUSD And USDJPY Can Reverse Despite An Aggressive Fed

The US Dollar forged an incredible advance heading into the Federal Reserve’s May announcement. The central bank said it would dramatically escalate its monetary policy regime by hiking its benchmark ...

EUR/USD Price Forecast – Euro Continues to Hover Just Above a Major Support Level

Euro vs US Dollar Technical Analysis The Euro has found enough support near the 1.05 level to show signs of life again, despite the fact that CPI numbers have come out hotter than anticipated in Ameri...

EUR/USD price forecast amid dropping below COVID-19 lows

EUR/USD drop from 1.22 is nothing short of impressive. In hindsight, the bearish trend is so evident that it would have been impossible for traders to miss it. Yet, a close look at the fundamentals at...

EUR/USD Closes Higher for First Time in Six Sessions Amid Dollar Slide

The Euro is up late on Friday as the U.S. Dollar slipped on profit-taking and position-squaring ahead of next week’s U.S. Federal Reserve monetary policy meeting on May 3-4. The Fed is widely expected...

EUR/USD drops to a five-year low; is it safe to buy it here?

The pressure on the common currency continues as the euro is sold across the FX dashboard. The conflict in Eastern Europe, triggered by Russia’s invasion of Ukraine, weighs on the common currency. In ...

3 reasons to buy the EUR/USD

EUR/USD holds remarkably higher considering everything going on in Europe. First, it was the COVID-19 pandemic, and traders bought the US dollar as the world’s safe-haven currency. Next, the measures ...

EUR/USD forecast ahead of the ECB interest rate decision

The EUR/USD pair is in the spotlight ahead of the latest US retail sales data and the interest rate decision by the European Central Bank (ECB). It is trading at 1.0882, which is slightly above the lo...

Here’s the playbook if the rest of the world breaks free from the U.S. dollar, says Credit Suisse’s monetary plumbing guru

It’s pretty well accepted that no one knows as much about the plumbing of the world’s financial system as Zoltan Pozsar, global head of short-term interest-rate strategy at Credit Suisse, who was the ...

EUR/USD Is Losing Ground After An Unsuccessful Attempt To Settle Above 1.0900

Key Insights EUR/USD is moving lower ahead of the Euro Area ZEW Economic Sentiment Index report. Inflation data from the U.S. will also have a significant impact on currency dynamics today. A move bel...

Is the EUR/USD ahead of Macron and Marin Le Pen face-off?

The EUR/USD price went sideways on Monday morning as the market reflected on the latest French election and the upcoming important economic data. It is trading at 1.0878, where it has been in the past...

EUR/USD forecast as recession and Marin Le Pen risks rise

The EUR/USD pair is trading at the lowest level since March 22 as worries of the Eurozone economy coincided with the resurgent Marine Le Pen. The pair is trading at 1.0967, which is the lowest it has ...

EURUSD, GBPUSD, and USDJPY forex signals ahead of today’s NFP data 

In the month since the last jobs report in February, the dollar has weakened slightly despite an attempt higher. Economists were off in their forecasts last time around,  as February’s release was muc...

EUR/USD forecast as Europe braces for its biggest gas crisis

The EUR/USD pair retreated on Friday morning as the outlook for the European economy dimmed as a gas crisis starts. It is trading at 1.1064, which is significantly lower than this week’s high of 1.118...

EUR/USD Rebounds Ahead Of The Weekend

Key Insights EUR/USD moves higher after several unsuccessful attempts to settle below the support at 1.0960. Today, traders will focus on the final reading of Michigan Consumer Sentiment report from t...

Gold back above $2,000 on Russia-Ukraine war, as annual U.S. inflation rate climbs to a 40-year high

Gold futures climbed back above the key $2,000 mark on Thursday as Russia ramped up its attack on Ukraine and a reading on the annual U.S. inflation rate climbed to a 40-year high. Strength in prices ...

EUR/USD forecast: ECB decision and Eurogroup meeting preview

The EUR/USD pair held steady on Thursday morning as the focus shifted to the upcoming Eurogroup meeting and interest rate decision by the European Central Bank (ECB). It is trading at 1.1051, which is...

European stocks pounded as oil spikes on possible ban on Russian imports

European stocks careened lower on Monday on the threat of further sanctions against commodities production giant Russia over its invasion of Ukraine. The Stoxx Europe 600 SXXP, -2.63% slumped nearly 4...

EUR/USD forecast ahead of Scholz and Putin meeting on Ukraine

The EUR/USD price held steady on Tuesday morning as investors waited for the upcoming Eurozone GDP data. The pair is trading at 1.1320, which is slightly above Monday’s low of 1.1280. EU GDP data The ...

EUR/USD forecast: ECB interest rate decision preview

The EUR/USD price retreated slightly during the Asian session as investors waited for the upcoming European Central Bank (ECB) decision. It is trading at 1.1300, which is a few pips below its highest ...

EUR/USD: Here’s why the euro is surging this week

The EUR/USD pair rose for the third straight day as investors reacted to the latest Eurozone consumer inflation data. The pair rose to a high of 1.1312, which is about 1.70% above the lowest level in ...

How a Russian invasion of Ukraine could trigger market shock waves

The threat of a devastating European ground war hasn’t done much to rattle financial markets so far, but investors still appear likely to snap up traditional safe-haven assets should Russia attack Ukr...

EUR/USD forms bearish flag ahead of Eurozone inflation data

The EUR/USD pair formed a bearish flag pattern after the benchmark German 10-year bond yield turned positive on Wednesday. It is trading at 1.1353 as traders wait for the upcoming Eurozone consumer pr...

EUR/USD Signal ahead of key US inflation data

The EUR/USD pair moved sideways as investors reflected on this week’s testimony by Jerome Powell and the upcoming American consumer and producer inflation data. It is trading at 1.1363, which is a few...

Dollar Conviction Better Signaled by EURUSD Windup Than GBPUSD and USDCAD Breaks

As the speculative exclusivity of the top-performing US indices fades, we are moving into Wednesday trade with larger participation in the ‘risk on’ wave but a slowdown in the speed of the top-perform...