Analysis

The EUR/GBP cross trades with mild losses near 0.8475 on Friday during the early European session.

The US Dollar weakens due to multiple tailwinds, with US NFP in focus.

EUR/USD has chalked in a sixth consecutive trading day in green as Friday’s economic data docket looms large ahead.

US data broadly misses the mark, sparking risk appetite on rate cut hopes.

The interest rate differential between the Eurozone and Japan continues to support the Euro for the time being. 

Investors await the Eurozone PMI data for June and the ECB’s Lagarde speech on Wednesday. 

EUR/USD spent Tuesday in a churning pattern, cycling just below 1.075 as the pair grapples with finding momentum.

Investors await Fed Powell’s speech for fresh guidance on interest rates.

EUR/USD clipped into a fresh multi-week high above 1.0770 on Monday before getting forced back down by a broad-market reversal in investor sentiment.

EUR/USD pivoted into a sideways grind on Friday, wrapping up a flat trading week after Fiber traders found little reason to push the pair meaningfully in e

EUR/USD retraces its gains registered in the previous session, trading around 1.0690 during the Asian hours on Friday.

The euro has struggled recently as political uncertainty in Europe has beckoned once again, but events across the pond in the U.S. may hold even more sway,

EUR/USD found some bullish interest on Thursday, but momentum remains limited.

EUR/USD recovers its losses from the previous two sessions, trading around 1.0690 during the Asian session on Thursday.

EUR/USD backslid into the 1.0680 region on Wednesday after the German GfK Consumer Confidence Survey for July ticked lower unexpectedly, and a lack of mean

Investors look ahead to Friday’s packed data docket.

The US Dollar will dance to the tunes of the US core PCE inflation data for May.

Technical outlook shows bullish momentum, with RSI indicating potential for further gains.

The pair keeps the negative vibe below the key 100-period EMA, with the bearish RSI indicator. 

US PMIs to wrap up the trading week, expected to tick lower.