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.

What’s EURUSD ?

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

EUR/USD

EURUSD: Here Are the Key Euro to Dollar Levels to Watch Today

The euro to dollar (EURUSD) price is down by 0.20% as the market reacts to the rising number of Covid-19 cases in Europe and the fading hopes of a stimulus deal in the US. It is trading at 1.1835, which is lower than last week’s high of 1.1865. The biggest...

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EUR/USD: Here Are the Key Levels to Watch Today – UOB

The EUR/USD price erased some of its yesterday’s gains as the market continued to focus on the United States. The pair is trading at 1.1845, which is substantially lower than yesterday’s high of 1.1882. In a report, analysts at Singapore-based UOB Bank said that they expect the pair to consolidate […]

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EURUSD: 1.19 Calling on E.U. SURE Launch

The EURUSD is off to a strong start this week. It jumped on Monday right from the opening and never looked back all the way to 1.1790. The bid behind the EURUSD pair and the Euro pairs, in general, comes after the European Commission (E.C.) said that the SURE bonds […]

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EURUSD: U.S. Inflation Figures Setting Up a Bearish Pattern

The EURUSD was 0.50% lower in the U.S. trading session after U.S. inflation figures came in as expected at 1.4%. This is in contrast to the earlier release of German inflation at -0.2% and highlights the gap between the world’s two largest economies. The Euro was under earlier pressure after […]