As the Dollar strengthens and the Euro weakens, EUR/USD has retreated to new two-week lows near 1.1030. The US ISM Manufacturing PMI rose to 47.2 in August, adding to the
The Euro (EUR) is currently experiencing a downward trend, mirroring the overall strength of the US Dollar (USD), as highlighted by Scotiabank’s Chief FX Strategist Shaun Osborne. Potential for Declines
EUR/USD Analysis: Bearish Trend Continues as USD Gains Strength The EUR/USD pair is currently trading at 1.1047 as the mood sours ahead of fresh data from the United States that
Get ready for a surge in currency volatility as US markets resume trading after the Labour Day weekend. The focus of the day is on the ISM manufacturing index in
The Euro (EUR) remained relatively unchanged in overnight trading, hovering around the 1.1040 levels, according to OCBC FX strategists Frances Cheung and Christopher Wong. EUR/USD Expected to Stay Below 1.1040
EUR/USD showed signs of strength yesterday, with support levels expected to remain steady in the beginning of September. The 2-year EUR:USD spread is also tighter than previous months, providing a
EUR/USD Slips Below 1.1048 as ECB Prepares to Lower Rates In a surprising turn of events, EUR/USD managed to appreciate by 0.2% to 1.1072 despite the recent victory of Germany's
EUR/USD is on a downward trend, hovering near 1.1050 as the US Dollar shows strength before the release of the ISM US Manufacturing PMI for August. Both the Federal Reserve
EUR/USD is hovering around 1.1050 in the European session on Tuesday, showing minimal daily gains without a significant recovery momentum. The technical outlook remains uncertain as the pair struggles to
EUR/USD managed to find support near the 1.1050 level on Monday as the trading week kicked off with thin volumes due to US markets being closed for the Labor Day