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

EURUSD

EURUSD at Monthly High Ahead of EU Summit in Brussels

EURUSD gives up 0.02% at 1.1069 as the optimism around the phase one trade deal between US and China boosted the common currency at one month high. On the other hand, confusing headlines from the Brexit front increased volatility in the forex market. The economic data yesterday came better than [...]
EURUSD

EURUSD Stalls at 1.1059 and Retreats Back Below the 50-Day MA

EURUSD gives up 0.06% at 1.1026 as the optimism around the phase one trade deal between US and China fade away. On the other hand, confusing headlines from the Brexit front today increased volatility in the forex market. EU Negotiator, Michel Barnier, told EU commissioners that he is optimistic about getting a [...]
EURUSD

EURUSD Gets Another Rejection at 1.1045

EURUSD gives up 0.12% at 1.1011 as the optimism around the phase one trade deal between US and China fade away. On the other hand, confusing headlines from the Brexit front today increased volatility in the forex market. EU’s Michel Barnier said that negotiations are currently intense and it is [...]
Forex Focus

Forex Focus on Eurozone August industrial production

Forex week have a quiet start on Monday with Germany September wholesale prices due at 6:00GMT. The SNB total sight deposits w.e. 11 October will be out at 8:00GMT. Eurozone August industrial production data will be released at 9:00GMT. In our central bank calendar, ECB Vice President de Guindos will [...]
EURUSD

EURUSD at Three-Week Highs on Trade Talks Optimism

EURUSD adds 0.47% at 1.1056 after positive headlines over Brexit. Michel Barnier has gotten the green light from EU27 member states to enter into "intense" - "tunnel" negotiations with the UK. The ECB, in its last policy meeting, cut the Deposit Rates by 10 bp to -0.50% and unveiled another [...]
Euros

EURUSD Rises Sharply, Nears First Take Profit Level

The EURUSD pair has been oscillating around the 1.0972 level over the last few days. However, in the last 60 minutes, the price has risen sharply, and the trend remains upwards above October 3 low of 1.0938. As long as the EURUSD trades above the 1.0938 level, there is a [...]
FOREX CALENDAR

Forex Focus on JOLTS Job Openings and FOMC Minutes

We have a quiet economic calendar during European session today. The Eurogroup meeting starts but we don’t expect to provide any market-moving news. Bank of France September industry sentiment indicator will be released at 6:30GMT. The  BoE FPC Meeting Minutes will be released at 8:30GMT. In the American forex calendar [...]