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Tag: Euro

Dollar Rallies, Euro Falls Ahead of France’s No-Confidence Vote

Currencies
The U.S. dollar rose on Wednesday, while the euro retreated ahead of a no-confidence vote in France later in the day, which could topple...

Euro Normalizes Amid French Instability Concerns

Currencies
The euro rose on Tuesday, recovering some ground after political turmoil in France prompted traders to hedge against further price volatility. Meanwhile, the Chinese...

Trump Threatens to Impose 100% Tariffs if BRICS Challenge the Dollar

Currencies
Incoming President Donald Trump on Saturday issued a direct threat to impose 100% tariffs on a bloc of nine nations if they attempt to...

Daily Technical Analysis EUR/USD: EUR/USD Plunges Below 1.0550 Amid Lagarde’s Statement and U.S. PMI Data

Daily Technical
EUR/USD is under selling pressure around 1.0530 during early trading hours, driven by a strengthening U.S. dollar. Investors are keenly anticipating European Central Bank...

Dollar Depreciates on Trump Nominations, Euro Recovers

Currencies
The U.S. dollar retreated on Monday, giving up some of its recent gains, as the nomination of Donald Trump’s choice for U.S. Treasury Secretary...

Daily Technical Analysis EUR/USD: EUR/USD Looks for Resistance Around 1.0500 After Bouncing Off Two-Year Lows

Daily Technical
The EUR/USD is recovering after hitting a two-year low of 1.0332 on Friday and is currently trading near 1.0480 at the time of writing....

Dollar Rises on Safe-Haven Bid, Pound Gains on CPI Data

Markets
The U.S. dollar rose on Wednesday, supported by its safe-haven status after the closure of the U.S. embassy in Kyiv, Ukraine, while the British...

Daily Technical Analysis EUR/USD: The Pair Is Expected to Break Above the 1.06 Level

Daily Technical
During Tuesday's trading, the EUR/USD pair fluctuated between 1.0550 and 1.0600, initially attempting to move lower but recovering slightly to close down about 0.14%...

Dollar Continues to Rise, Trump’s Political Appointees Take Center Stage

Currencies
The U.S. dollar rose on Tuesday after retreating from one-year highs reached last week. Traders sought political direction as attention shifted toward President-elect Donald...

Dollar Slips From Recent Highs, Fed Speeches Planned

Markets
The U.S. dollar retreated slightly from its recent one-year highs at the start of a week with limited notable economic data but featuring remarks...

Daily Technical Analysis : EUR/USD Hovers Near 1.0550, Close to Annual Lows Amid Fed Caution

Daily Technical
The EUR/USD traded around 1.0550 during the Asian session on Monday, remaining near its yearly low of 1.0496, recorded on November 14. Downside risks...

Dollar Slightly Down on U.S. Inflation Expectations

Markets
The U.S. dollar softened slightly on Wednesday, pulling back from six-month highs as markets awaited critical U.S. inflation data. This report is expected to...
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