EUR/USD recovers some lost ground near 1.0660, eyes on FOMC meeting

Share: EUR/USD posts modest gains around 1.0665, up 0.07% on the day. The market expects the Federal Reserve (Fed) to hold interest rates steady at its policy meeting on Wednesday. European Central Bank (ECB) President Lagarde said the potential of further rate cuts was not considered among policymakers. Federal Open Market Committee (FOMC)

EUR/USD struggling to hold onto 1.0660 heading into the Friday close

Share: The EUR/USD couldn’t extend recovery motivation after getting knocked back by Lagarde. Friday rebound facing downside pressure as US Dollar maintains strength. Next week sees market movers on the cards with EU inflation figures, FOMC. The EUR/USD is set to close out Friday’s trading on the back foot, testing the week’s lows

Euro (EUR) Price Latest – EUR/USD Struggles Against a Robust US Dollar

EUR/USD Forecast – Prices, Charts, and Analysis EUR/USD technical outlook remains bleak. FOMC – a hawkish hold next week? Recommended by Nick Cawley How to Trade EUR/USD The ECB hiked rates yesterday by 25 basis points across the board, the central bank’s tenth consecutive increase, as it strives to bring inflation back to target. The

EURUSD Technical Analysis – Watch this strong resistance

US: The Fed hiked by 25 bps as expected and kept everything unchanged at the last meeting. Fed Chair Powell reaffirmed their data dependency and kept all the options on the table. The US CPI yesterday came in line with expectations, so the market’s pricing remained roughly the same. The labour market displayed signs of

EUR/USD Struggles for Traction Ahead of Major Event Risk

EUR/USD Analysis EUR/USD Gains Proved Short-lived Ahead of US CPI On Monday, the BoJ and China posed a challenge to USD dominance, allowing momentary respite for currencies against the greenback. The moment proved to be a very short one seeing that EUR/USD has been unable to pull back to the 200 simple moving average (SMA)

Euro puts 1.0700 to the test ahead of US inflation

Share: The Euro trades close to 1.0700 vs. the US Dollar. Stocks in Europe en route to a mixed close on Tuesday. EUR/USD’s upside momentum falters ahead of 1.0770. The USD Index (DXY) regains some balance following Monday’s drop. Germany Economic Sentiment improves a tad in September. The NFIB index came in below estimates in August.

Dollar Decline Lifts EUR/USD, EUR/GBP Consolidates

Euro News and Analysis Dollar dip sends EUR/USD higher at the start of a busy week IG client sentiment favors a bearish continuation despite the recent reprieve EUR/GBP frustratingly non-directional within broader sideways channel The analysis in this article makes use of chart patterns and key support and resistance levels. For more information visit our