EURUSD The Euro rose slightly against the Dollar, during the Asian trading session on Monday after hitting its lowest level in four sessions last Friday. The positive impact of the US Jobs Report ended on the Dollar before close of market session last Friday, resulting in trades closing negatively, affected by the decline in average…
EURUSD The Euro experienced a fluctuation during Monday’s trading with the start of the week after recording a week high before losing its gains to dominate volatility as the markets observe the results of the Italian election. Expectations and opinion polls indicate that the Italian elections will be without a majority and the center-right coalition…
EURUSD The Euro rose during today’s trading at the beginning of the week, after falling last Friday against the Dollar, and as markets awaited major events this week. European Central Bank President Mario Draghi will speak today, and may address current Monetary and Inflation Policy conditions and shed some light on whether the bank will…
EURUSD The Euro fell for a third straight session on Thursday as the Dollar rose against the major currencies after the Federal Reserve’s meeting minutes and the lackluster economic data from the EuroZone. Yesterday, the EuroZone saw a decline in Industrial and Service sector performance data in February, raising concerns about a drop in growth…
EURUSD The Euro moved slightly weaker during the Asian trading session on Wednesday after falling in yesterday’s trading as the markets await the release of data on the EuroZone as well as the Fed Meeting Minutes. The EuroZone industrial sector is expected to fall to 59.2 from the previous reading of 59.6, while the services…
EURUSD The Euro edged lower during the Asian Session on Tuesday as the US Dollar recovered against a basket of major currencies ahead of the Fed Meeting. The markets are also attempting a correction following Euro’s 3 year high last week. Technical reading shows the pair’s move within the negative correction toward the general upside…
EURUSD The Euro opened the week slightly higher after ending last Friday’s session lower, and having advanced last week to the highest level in three years against the Dollar. The Euro is also being affected by the speculation that the ECB is on track to withdraw Monetary Stimulus and tighten Monetary Policy, narrowing the gap…
EURUSD The Euro recorded its fourth consecutive session of gains to hit a one-week high as the Dollar weakened, supporting the single European currency. The deterioration of the Dollar levels came despite a higher-than-expected rise in US Inflation, which was supposed to support the Dollar, but a drop in Retail Sales resulted in a decline…
EURUSD The Euro rose today for a third session in a row as the Dollar fell against major currencies following strong data on economic growth in the Eurozone. The decline of the Dollar moved investments toward safe haven assets and European currencies such as the Euro and the Sterling, as Investors await the release of…
EURUSD The Euro edged higher during the Asian trading session on Tuesday after advancing yesterday despite the absence of Economic Data from the EuroZone and the decline in the Dollar. Despite recent gains, the pair still has to break above 1.2300 and 1.2340 resistance to confirm a continued rally. A drop below the close support…
