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



ECB Leaves Rates Unchanged; Raises PEPP Facility by €600 billion

The Governing Council of the European Central Bank (ECB) left its key interest rates unchanged. Rates for the refinancing operations, marginal lending facility and the deposit facility will stay at 0.00%, 0.25% and -0.50%, respectively. This decision is in line with the projections of the market. However, Pandemic Emergency Purchase [...]

Preview of ECB Meeting and Interest Rate Decision: EURUSD In Focus

The European Central Bank meets to decide its interest rates as well as any possible adjustments to its PEPP program. Interest rates are likely to be kept on hold. Still, the emphasis of tomorrow’s statement and press conference will be the Pandemic Emergency Purchase Programme (PEPP), which analysts are predicting [...]

EURUSD Rally Stalled At 1.1220 On Mixed Economic Data

EURUSD trade higher for the eighth consecutive trading session on optimism for a fast recovery of the economy and on the news for a new stimulus from the German government up to 100 billion Euro. The German government is planning to lift the travel ban for the European Union countries, [...]

EURUSD rally pauses ahead of US jobless claims and GDP data

The EURUSD pair was little changed during the Asian session as investors reflected on the fundraising proposal by the European Commission. The pair will today react to the US jobless claims, GDP, and pending home sales data. It will also react to the European business and consumer confidence data.

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