Tag: Dollar

Dollar Falls After a Big Drop, the Euro Regains Ground

The U.S. dollar extended its losses on Wednesday following a sharp drop in the previous session, as cooler-than-expected inflation data reinforced expectations for rate...

Daily Technical Analysis EUR/USD: Rallies on Wednesday as the U.S. Dollar Continues to Weaken

EUR/USD climbed on Wednesday, recovering most of its early-week losses as the pair moved closer to the 1.1200 mark. The rebound was driven more...

Dollar Falls Slightly from Highs as Markets Eye U.S. CPI Report

The U.S. dollar edged lower on Tuesday but remained close to recent highs, buoyed by ongoing optimism following a trade agreement between the U.S....

Dollar Soars After U.S.-China Trade Agreement

The U.S. dollar surged on Monday after the White House announced a breakthrough trade agreement with China over the weekend, reviving optimism that the...

Daily technical analysis EUR/USD: Pair Trades Below 1.1250 as Conciliatory Signals from the ECB Weigh on the Euro

EUR/USD is edging lower in Monday’s Asian session, slipping to around 1.1240 after gains in the previous trading day. The Euro (EUR) is under...

Dollar Rises Slightly Before the Fed’s Decision, The Euro Remains Resistant

The U.S. dollar edged higher on Wednesday, trading within narrow ranges as markets awaited the outcome of the Federal Reserve’s latest policy meeting and...

Daily Technical Analysis: EUR/USD Continues to Drift in Anticipation of Key Fed Meeting

The EUR/USD pair traded sideways on Tuesday, establishing a near-term consolidation range around the key 1.1300 level as market participants await a fresh catalyst....

Dollar Pulls Back Ahead of Fed Meeting, Traders Cautiously Watch for Clues

The U.S. dollar edged lower on Tuesday, with investors growing increasingly cautious about holding U.S. assets amid ongoing concerns over economic growth and the...

Daily Technical Analysis EUR/USD : Drops Close to 1.1300 as Traders Watch U.S. ISM Services PMI

The EUR/USD pair opened the week under pressure, trading near 1.1320 during Monday’s European session. The U.S. dollar drew some support after former President...

Dollar Rises Slightly but Is Heading for a Sharp Monthly Loss

The U.S. dollar edged higher on Wednesday but remained on track for its steepest monthly decline since November 2022, weighed down by growing uncertainty...

Daily Technical Analysis EUR/USD: Pair Gains Ground as Weak U.S. Data Weighs on Dollar

The EUR/USD pair extended its upward momentum on Wednesday, climbing toward the 1.1390 mark during the European session. The move comes amid sustained weakness...

Dollar Rises Slightly Before the Release of Crucial Economic Data

The U.S. dollar inched higher on Tuesday but remains on track for a steep monthly decline, pressured by persistent uncertainty surrounding tariffs and growing...

Recent articles