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Tag: Euro

Dollar Is Calm Ahead of ISM Release and Labor Market Data

Currencies
The U.S. dollar is calm on Tuesday as investors await key economic data, including Friday's payrolls report, which could set the stage for a...

Dollar Awaits Payrolls, Euro Gains

Currencies
The U.S. currency retreated slightly on Monday amid light trading due to the holiday, as traders await key labor market data as they look...

Daily Technical Analysis EUR/USD: Rises to Near 1.1050 on Fed’s Dovish Tone

Daily Technical
The EUR/USD breaks its three-day losing streak and trades around 1.1050 during the Asian session on Monday. The rise in the EUR/USD could be...

Daily Technical Analysis EUR/USD: A Deeper Upward Momentum Is Expected

Daily Technical
The EUR/USD rose on Tuesday, benefiting from the continued easing in the markets relative to the U.S. dollar. The pair returned to recent highs...

Dollar Hovers Near Recent Lows, Labor Market Data Decisive

Markets
The U.S. dollar traded little changed in early European trading on Tuesday, supported somewhat by rising geopolitical tensions, although it remained near its recent...

Daily Technical Analysis EUR/USD: Moves Up to Around 1.1200 on Powell’s Conservative Fed Stance

Daily Technical
The EUR/USD is extending its gains for the second session in a row, trading around 1.1190 during the Asian session on Monday. This rise...

Dollar Rebounds but Continues Near Seven-Month Lows

Markets
The U.S. dollar rose in early European trading on Wednesday but remains near seven-month lows, as the Federal Reserve minutes from its last meeting...

Daily Technical Analysis EUR/USD: The Pair Rises Nearly 1% This Week Ahead of Jackson Hole

Daily Technical
The most important event this week is the Federal Reserve's Jackson Hole symposium, where Fed Chairman Jerome Powell is expected to speak publicly on...

Dollar Steady Ahead of Fed Meeting; Traders Remain on Alert

Currencies
The US dollar was trading flat on Tuesday as traders remained cautious and on alert ahead of the start of the Federal Reserve's latest...

Dollar Falls Ahead of Fed Meeting, Pound Slides

Markets
During the early part of the European trading session, the US dollar retreated, supported by a safe-haven bid, as tensions escalate in the Middle...

Daily Technical Analysis EUR/USD: Rises Above 1.0850, With All Eyes on the Data

Daily Technical
The EUR/USD is up slightly, trading around the 1.0860 level in early Asian trading hours on Monday. The pair rose as market traders widely...

Dollar Rises, Euro Falls on PMI Weakness

Currencies
The US dollar appreciated on Wednesday, while the euro fell following the release of poor data on Eurozone activity, pointing to further rate cuts...
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