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.

Can the NFP Report Help EURUSD Extend its Seven-Day Winning Streak?

Forex

·6 years ago

EURUSD is trading around its 11-week highs ahead of the US NFP report. The currency pair is also on a seven-day winning streak, can it go for eight?

EURUSD drop could signal turning point ahead of Fed rate decision

Forex

·6 years ago

The EURUSD pair declined slightly after Germany released weak industrial production data. Investors are also staying focused on the upcoming interest rate decision by the Fed after the positive jobs data from the US.

EURUSD Steady as Lagarde Optimistic for a Solution Between Germany and the ECB

Forex

·6 years ago

EURUSD may have finished yesterday’s trading unchanged. However, technicals on the 1-hour chart suggest that it may soon rally.

EURUSD At Three Month Highs Ahead of The Fed Decision

Forex

·6 years ago

EURUSD hit fresh three months high as the optimism for a common...

EURUSD Taps Its 13-Week Highs Following the FOMC Statement; Can It Rally to Its 2020 Highs?

Forex

·6 years ago

EURUSD rallied to its highest levels since March 10 at 1.1412 after the FOMC hinted that they did not plan on increasing interest rates until 2022.

EURUSD crosses key resistance in what seems like a dead cat bounce

Forex

·6 years ago

The EURUSD pair moved above the important resistance of 1.1325 as optimism on the euro started to come back. The price is up by about 25 basis points today as bulls attempt to resume the previous upward trend.

EURUSD Slightly Higher Ahead of Euro Zone Trade Balance Data. Can It Extend Its Gains?

Forex

·6 years ago

EURUSD is the only currency pair that is trading in the green. With the euro zone trade balance data due, can it extend its gains?

EURUSD rally pauses ahead of US retail sales data and Powell speech

Forex

·6 years ago

The EURUSD pair was little changed today as traders reacted on the...

EURUSD Forms Head and Shoulders After US Retail Sales Top Forecasts

Forex

·6 years ago

EURUSD is unchanged in this morning’s trading after sliding in yesterday’s trading following better-than-expected retail sales data from the US. Here are the levels to watch out for.

EURUSD Finds Support at 100 SMA; Head and Shoulders Still Intact. Where Is It Headed?

Forex

·6 years ago

While volatility on EURUSD is limited in today's Asian session, the currency pair could soon see more movement on risk aversion and US jobless claims.

EURUSD Tests 1.12 Ahead Of the EU Coronavirus Fund Meeting

Forex

·6 years ago

EURUSD gives up the morning European session gains and now tests for one more day the 1.12 mark. The correction from three month highs continue while we might see an acceleration of the downward pressures in case the pair breaks below the 1.12 round figure.