As expected this past Thursday the ECB lowered its Main Refinancing Rate by another 25 basis points to an interest rate of 2.25%. The European…
Euro failed to capitalize on upbeat GDP and retail sales; ECB rate cut seen as nearing its limit. The US economy added 139K jobs in…
EUR/USD stays under bearish pressure and trades below 1.1400 on Friday. Nonfarm Payrolls in the US rose by 139,000 in May. Markets lean toward a…
The Euro hit a nearly two-month high at 1.1495 following the ECB’s decision. ECB President Lagarde shocked investors with an unusually hawkish message. Investors are…
EUR/USD trades sideways around 1.1440 as investors await the US NFP data for May. Easing US-China trade worries have supported the US Dollar. The ECB…
EUR/USD pulled back from a two-month high of 1.1495, reached on Thursday. US Weekly Initial Jobless Claims climbed to 247,000, above the expected 235,000. The…
EUR/USD trims intraday spike after Lagarde hints at nearing end of easing cycle. The ECB lowers rates to 2% as expected, but its statement suggests…
EUR/USD extends its gains, reaching its highest level since April 22 on Thursday. The ECB cuts its key interest rate by 25 bps, signaling a…
EUR/USD Analysis Summary Today Overall Trend: Upward. Today’s Euro-Dollar Support Levels: 1.1330 – 1.1270 – 1.1190. Today’s Euro-Dollar Resistance Levels: 1.1460 – 1.1500 – 1.1580.…
EUR/USD is showing renewed upward momentum after defending key support, breaking out of its recent channel and regaining technical strength. With bullish signals in place,…