EUR/USD news

European stocks move higher on Monday, with some relief over EU Parliament election results and drug, banks and auto shares among companies leading markets north.

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27 May, 2019 / 10:08

It’s a relatively slow start to the week. No major shocks from the EU elections left the EUR and GBP supported early on.

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27 May, 2019 / 05:04

Investing.com - The euro was holding steady on Monday after the results of European Union parliamentary elections showed that pro-EU parties held on to two-thirds of seats, limiting the gains of their euro skeptic opponents.

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27 May, 2019 / 03:47

Based on Friday’s close at 1.1206, the direction of the EUR/USD over the near-term is likely to be determined by trader reaction to the major Fibonacci level at 1.1185.

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27 May, 2019 / 03:08

The Euro initially fell during the week but found enough support near the 1.11 level to turn around and bounce rather significantly. By forming the hammer on the weekly chart, this does suggest that we are trying to find a bottom.

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24 May, 2019 / 16:22

The Euro rallied a bit during the trading session on Friday, reaching towards the 1.12 level. This begins a significant resistance barrier extending all the way to the 1.1250 level. With that in mind, even though things look very bullish I suspect that sellers could step in soon.

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24 May, 2019 / 16:11

Based on the early price action, the direction of the EUR/USD on Friday is likely to be determined by trader reaction to the price cluster at 1.1185.

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24 May, 2019 / 12:35

On Wednesday, the United States announced that they were considering sanctions ‘like Huawei’ for other Chinese companies, the US military sent two ships to the shores of Taiwan.

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24 May, 2019 / 09:54

Thursday brought us gains on two important European currencies: CHF and EUR. The first one was gaining traction from some time already but for the second one that is something new and should be rather considered as a short-term correction.

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24 May, 2019 / 09:49

Trump hints to add the ‘very dangerous’ Huawei in the trade deal. Trade tensions worsened following such a strong statement. Euro pair gained out of the USD plunge.

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24 May, 2019 / 07:59

Investing.com -- The U.S. dollar was trading broadly lower early Friday in Europe, amid rising expectations that the Federal Reserve will have to cut interest rates to support the U.S. economy to offset the damage from a widening trade war with China.

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24 May, 2019 / 03:07

Brexit and EU Elections along with UK retail sales figures to influence the GBP, with durable goods orders out of the U.S also in focus.

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24 May, 2019 / 02:13

The Euro pair seesawed throughout the day. Greenback rivals benefitted out of its fall. Crude Oil plummeted around 6% today, allowing the Loonie to continue the upward movement.

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23 May, 2019 / 18:07

The Euro got hammered during the trading session on Thursday as more fear enter the marketplace. At this point, it’s obvious that the market is hanging on by a thread at any given moment when it comes to risk appetite.

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23 May, 2019 / 16:47

Data on Thursday showed that the labor market is gaining strength, even as the economy slows. Initial claims for unemployment benefits fell for the third-straight week to a seasonally adjusted 211,000, the Labor Department said.

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23 May, 2019 / 10:34

EUR/USD is seen attempting to break to a fresh monthly low in early European trading on Wednesday. Will the pair confirm a break today or bounce higher from support?

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23 May, 2019 / 09:44

Yesterday’s FOMC minutes did not bring us any attractions. From that report, we see that FED will remain patient and they will closely watch the market.

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23 May, 2019 / 07:35

Based on the early price action, the direction of the June U.S. Dollar Index on Thursday is likely to be determined by trader reaction to yesterday’s close at 97.881. Better-than-expected data could spike the Euro higher and the U.S. Dollar Index lower. The index could make a new high for the year if the data comes in weaker than expected.

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23 May, 2019 / 07:31