Tag: Euro

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...

Daily Technical Analysis EUR/USD: Pair Holds Near 1.1350 as Trade Tensions Ease

EUR/USD continued its decline for a second straight session on Monday, slipping toward the 1.1360 area during early trading hours. The pair remains under...

Dollar Rises After Trump Eases Criticism of Powell, Euro Falls Again

The U.S. dollar strengthened on Wednesday, building on the previous session’s rebound as market sentiment improved following President Donald Trump’s more conciliatory remarks regarding...

Daily Technical Analysis EUR/USD: Pair Drops Toward 1.1350 on Dollar Strength

The EUR/USD pair faced fresh selling pressure during the session on Wednesday, pulling back toward the 1.1355 area. The move comes as the U.S....

Dollar Nears Three-Year Low as Trump–Powell Dispute Weighs on Markets

The U.S. dollar saw a modest rebound on Tuesday, though it remained near its lowest level in over three years following fresh criticism of...

Daily Technical Analysis EUR/USD: Euro Climbs to 1.1485, Highest Since 2022 Amid Weak Dollar

On Monday, the EUR/USD pair broke out of a consolidation zone that had held for several days, reaching its highest level since February 2022,...

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