1.135
Today
+0.12%
5 Days
-0.82%
1 Month
-1.98%
6 Months
-1.33%
Year to Date
-3.33%
1 Year
-3.18%
Opening Price
1.134Previous Closing Price
1.134
The upside prevails as long as 1.1343 is support, with 1.1386 and 1.1397 as targets
below 1.1343, expect 1.1325 and 1.1314.
The upside prevails as long as 1.1343 is support, with 1.1386 and 1.1397 as targets
TD Securities' Macro Research team expects the European Central Bank (ECB) to continue a measured tightening cycle, delivering a final 25bp hike in December and taking the deposit rate to 2.75%, which they see as mildly restrictive.
EUR/USD holds modest gains on Wednesday as traders assess the latest economic data from both sides of the Atlantic. At the time of writing, the pair trades around 1.1363, up 0.20% on the day, after touching 1.1312 on Tuesday, its lowest level since May 2025.
Brown Brothers Harriman’s Elias Haddad reports EUR/USD has stabilized after dropping to its lowest level since May 2025, as widening France-Germany yield spreads highlight growing French fiscal concerns.
EUR/USD has dropped to its lowest level since mid-2025 as the US Dollar (USD) maintains broad-based momentum, propelled by elevated long-dated US Treasury yields and shifting expectations for Federal Reserve (Fed) monetary policy.
The Euro (EUR) is up 0.13% at around 1.1356 against the US Dollar (USD) during the European trading session on Wednesday.
MUFG’s Lee Hardman highlights that European Central Bank (ECB) President Lagarde has pushed back against expectations for another back-to-back ECB rate hike, stressing higher long-term yields and the need for a measured response.
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.