Tag: Euro

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,...

Dollar Further Weakened by the Effects of the Trade War; Pound Sterling Strengthens Despite Soft Inflation

The U.S. dollar extended its decline on Wednesday, weighed down by growing concerns over the Trump administration’s escalating trade war, while the British pound...

Daily Technical Analysis: EUR/USD Gains Ground Above 1.1250 Ahead of U.S. Retail Sales Data

The EUR/USD pair is trading in positive territory around 1.1285 on Wednesday, with the U.S. Dollar (USD) hovering near a three-year low against the...

Dollar Approaches Lows Amid Tariff Uncertainty, Euro Gains Strength Ahead of ECB Decision

The U.S. dollar wavered on Tuesday, lingering near a three-year low as investor confidence remains shaken by the Trump administration’s erratic trade policies. As of...

Dollar Falls Due to Uncertainty Over Trade Policy; ECB Meeting Approaches

The U.S. dollar weakened on Monday, as ongoing uncertainty over the Trump administration’s trade policies continued to undermine investor confidence in the world’s reserve...

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