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.
The euro isn't having an easy October. Despite constant chatter about a U.S. government shutdown, it is the euro rather…
EUR/USD in stuck in familiar territory. After two straight sessions of losses, the pair is holding around 1.1720 in Asia…
The U.S. dollar is holding firm as Powell reins in dovish bets. With traders eyeing Friday's PCE inflation, the next…
The currency pair EUR/USD opens lower by 0.21% around 1.1791. It looks for a direction amid cautious markets. The pair…
The EUR/USD remains in the same range as yesterday, with traders being cautious ahead of the ECB interest rate decision.…
EUR/USD is trading around 1.1650 during the European trading session on Friday. There is no specified direction, as traders are…
The EURUSD currency pair is trading downwards on Friday as the US dollar surges on safe haven propulsion. As of…
Market spotlight on the US Personal Consumption Expenditure Price Index; its data is crucial and will play a key role…
The EUR/USD pair has good support at 1.0945. which gives the EUR/USD the strength to keep going up and reach…
Investors are paying close attention to the U.S.-China trade discussions in Switzerland on Saturday. Additionally, this trade war between Washington…
EUR/USD has rebounded sharply, climbing above the 1.09 mark as dollar weakness fuels renewed upside momentum. The move comes after…
The euro extended its gains against the US dollar for the third session in a row as soft US economic…