Tag: Euro

Daily Technical Analysis EUR/USD: Rises Above 1.06 but Remains Near Yearly Lows

The EUR/USD pair resumed its downward trajectory on Tuesday, shedding another third of a percentage point. It briefly tested levels slightly below 1.0600 during...

Dollar Extends Gains Amid Trump Administration Optimism and Fed Speculation

The U.S. dollar surged to a four-month high on Tuesday as markets adjusted to the anticipated economic changes under the incoming Trump administration. Traders...

Dollar Remains Strong Ahead of CPI and Fed; Euro Bearish

The U.S. dollar strengthened on Monday, maintaining the momentum generated by Donald Trump's return to the presidency. Investors are eyeing key inflation data due...

Daily Technical Analysis: EUR/USD Stays Tepid Near 1.0700 Amid Rising Dollar and Political Uncertainty

The EUR/USD pair remains under significant pressure, primarily driven by the strengthening U.S. dollar and escalating political uncertainty in Germany. The prospect of Donald...

Dollar Soars After Trump Victory, Euro, Pound, and Yen Strongly Retreat

The U.S. dollar surged on Wednesday, where it is poised to score its biggest one-day gain since March 2020, as Donald Trump moved closer...

Daily Technical Analysis EUR/USD: Rallies on Greenback Weakness on U.S. Election Day

The EUR/USD pair capitalized on a broad-based decline in the U.S. dollar as markets prepared for the initial results of the U.S. presidential election...

Dollar Slips as U.S. Elections Loom, Uncertainty Prevails

The U.S. dollar dipped slightly on Tuesday as it approached a closely contested presidential election, the outcome of which could lead to significant market...

Dollar slips ahead of elections; Fed and BOE also in focus

The U.S. dollar retreated on Monday amid political uncertainty ahead of Tuesday's presidential election and also amid expectations that the Federal Reserve will cut...

Daily Technical Analysis EUR/USD: The Pair Rises Ahead of U.S. Elections

The EUR/USD recovered some losses from the previous session, trading near 1.0880 in early Asian trading on Monday. This rise may be due to...

Dollar Slows Gains on Jobs Data, Euro Gains on German GDP

The U.S. dollar eased from recent highs on Wednesday, pausing its rally as markets awaited key macroeconomic data that could impact expectations for Federal...

Daily technical analysis EUR/USD: Slight Rise Above 1.0800 Ahead of U.S. & Eurozone GDP, German Inflation Data

The EUR/USD pair's gains remain limited, with uncertainty prevailing ahead of the U.S. presidential election and critical economic data from the U.S. A potential...

Dollar Stabilizes Amid Upcoming Key Economic Data

The U.S. dollar held firm on Tuesday as markets awaited a series of critical economic data releases this week, while Japan’s yen hovered near...

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