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.

EURUSD Bulls Struggles hard, Double Top In Actions?

Forex

·6 years ago

The EURUSD pair started its bullish rally after finding decent support at...

EUR/USD Eyes FOMC Minutes and Fed Powell’s Senate Testimony

Forex

·7 years ago

The EUR/USD is in focus as Fed Chairman Powell is expected to...

EURUSD Extends Losses As Risk-Off Sentiment Prevails

Forex

·6 years ago

EURUSD continue lower for the second consecutive session as the risk-off sentiment returns to market after the rising number of new coronavirus infections in California, Arizona and Texas. The correction from three-month highs continue,

EURUSD Trades Lower on Mixed Euro Zone Reports, Positive US Data

Forex

·6 years ago

EURUSD fell victim to the dollar’s strength last Friday as data from...

EURUSD Slumps on ECB Rate Meeting, Could Reach 1.0922 on H&S Pattern

Forex

·6 years ago

With two hours left of the European trading session, the EURUSD is...

Morning Brief: Nikkei 225 and DAX rise while DXY makes modest recovery

Forex Indices Market Brief

·6 years ago

Traders' continued focus on the simmering tensions between the U.S. and China leads to a mixed start of August across Asia. In China, the Shanghai composite climbed by 1.20% while the Hang Seng index dipped by 0.70%.

EURUSD Breaks Out of Triangle; German Industrial Production Ahead

Forex

·6 years ago

EURUSD led gains among the major currency pairs yesterday. Can it extend its rally with the German industrial production report on tap?

EURUSD Down for Fourth Straight Day; Forex News From the US Eyed

Forex

·6 years ago

The euro scored its fourth consecutive losing day to the dollar on Monday. EURUSD opened the week at 1.1015 and was trading higher during the Asian session tapping an intraday high of 1.1031. However, the currency pair failed to find enough bids to sustain a rally. It closed at 1.1012.