EURUSD

In this section, you will find important EURUSD news, actionable trading ideas, and a live EURUSD chart to help you understand the markets better.

EURUSD is a Forex pair that shows how many US dollars it costs to buy one Euro. The Euro is the so-called base currency, while the US is the quote currency in this pair. The EURUSD is the most popular trading pair in the FX markets, and about 25% of all trades are made in this pair.  The pair is therefore considered to be one of the “Majors Pairs.”

The price of the EURUSD depends on the supply and demand of the Euro and the US Dollar. The factors that affect supply and demand are the relative interest rates, the GDP growth, inflation, unemployment rates, balance of payments, and other macroeconomic figures.

The US Federal Reserve Bank (FED) and the European Central Bank (ECB) are the two institutions that EURUSD traders follow to get an idea about the future moves of the pair. Traders also watch Germany and France, the two biggest economies in Europe that affect the price of the euro.

Live EURUSD Chart


EURUSD News

CFTC Positioning Report: USD Longs, CHF Shorts Drop Off

The latest CFTC Commitment of Traders Report shows that the net long positions on the USD fell moderately last week; the first weekly fall since mid-June. The highlights of the report for the week ended on August 13 are presented below.   Safe haven demand that has pervaded the markets [...]
EURUSD Bulls Regaining the 1.11 Mark

EURUSD Bulls Regaining the 1.11 Mark

EURUSD turns higher today after four consecutive days with losses, breaking above the 1.11 mark that opens the way for a visit to 100 hour moving average at 1.1136, after Eurozone June current account balance came in at €18.4 billion vs the previous reading of €29.7 billion. Bears are still [...]
Eurozone June Current Account in Focus Today

Eurozone June Current Account in Focus Today

EURUSD traders awaiting the Eurozone June Current Account due at 8:00GMT. Investors will closely monitor the Jackson Hole Symposium on 22-24 August for fresh cues on monetary policy , while on Friday the focus will be on Chief Powell’s speech. The sentiment around the Japanese manufacturers turned bearish for the [...]
EURUSD Bears Targeting the Yearly Lows

EURUSD: Bears Targeting the Yearly Lows

EURUSD continues south for fourth consecutive day breaking below the 1.11 mark that opens the way for a visit to yearly lows at 1.1020, in the light of German and EU growth concerns; Eurozone June trade balance came in at €17.9 billion versus expectations of €18.5 billion the prior reading [...]
EURUSD Bears in Control Below 1.12

EURUSD Bears in Control Below 1.12

EURUSD trading close to weekly lows at 1.1150, in the light of German and EU growth concerns; The German economy shrank by 0.1% in the second quarter from the previous quarter as expected. Eurozone GDP growth slowed from 0.4% during the first quarter to 0.2% in the Q2, 2019. The [...]
EURUSD Another Day Another Stop At 100 MA

EURUSD: Another Day Another Stop At 100 MA

EURUSD rejected for one more day at 1.1220 the 100 day moving average. ECB’s economic bulletin following its July policy meeting notes that data and survey information point to somewhat weaker EU growth in the next quarters and the drop in Q2 global services output PMI increases the risk of [...]