1.168
Today
+0.01%
5 Days
+1.33%
1 Month
+2.09%
6 Months
-0.82%
Year to Date
-0.58%
1 Year
+0.26%
Opening Price
1.167Previous Closing Price
1.168The EUR/USD pair posts modest losses around 1.1675 during the early Asian session on Thursday. The Euro (EUR) edges lower against the US Dollar (USD) after experiencing a sharp surge in the previous session.
The shared currency gained over 0.85% during the North American session on Wednesday, even though the latest Federal Reserve minutes had a “hawkish” tone, with some participants, along with the three dissenters, suggesting that raising rates could be necessary if the disinflation process stalls.
EUR/USD climbs sharply on Wednesday, reaching its highest level since June as the US Dollar (USD) comes under fresh selling pressure following the US Treasury’s announcement that it will increase buybacks of longer-dated government debt.
• The euro advanced against the U.S. dollar amid persistent Eurozone inflationary pressures. • The U.S. dollar faced selling pressure ahead of the Federal Open Market Committee minutes. • EUR/USD technical indicators show a MACD buy signal and an overbought Williams %R.
BNY’s Geoff Yu highlights European Central Bank (ECB) President Christine Lagarde’s warning that Europe’s post-war growth model is eroding as global trade fragments and cheap energy fades.
EUR/USD rises after registering minor losses in the previous day, trading around 1.1600 during the European hours on Wednesday. The pair holds ground as the Euro (EUR) remains stronger following the release of Eurozone Harmonized Index of Consumer Prices (HICP) data for July.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.
Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
The upside prevails as long as 1.1638 is support, with 1.1696 and 1.1708 as targets
below 1.1638, expect 1.1619 and 1.1607.
The upside prevails as long as 1.1638 is support, with 1.1696 and 1.1708 as targets
Popular Instruments
