EURUSD News

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.

NFP Preview: EUR/USD Hangs in the Balance Ahead of Nonfarm Payrolls

Forex

·5 years ago

The EUR/USD pair is little changed today ahead of the important nonfarm...

EURUSD Consolidates Ahead Of The EU Meeting

Forex

·6 years ago

EURUSD trades in a narrow trading range for the third consecutive day ahead of the critical EU leaders meeting tomorrow. ECB's Rehn calls the member countries

EUR/USD At Major Support, Vulnerable to More Downside

Forex

·5 years ago

The new trading week started with the EUR/USD pair pressured at last...

EURUSD: 4 Reasons Why The Euro is Up for 5 Days Straight

Forex

·6 years ago

The EURUSD pair is up for the past five straight days as investors react to the ECB decision, coronavirus vaccine, upcoming Fed decision and positive data from Europe.