Today
+0.06%
5 Days
-1.39%
1 Month
-0.82%
6 Months
-5.75%
Year to Date
-5.81%
1 Year
-4.57%
Opening Price
1.106Previous Closing Price
1.106
Rebound above 1.1032 towards 1.1093
below 1.1032, expect 1.1010 and 1.0998.
Rebound above 1.1032 towards 1.1093
EUR/USD extends its losses for the fourth successive day, trading around 1.1050 during Asian hours on Friday. The pair depreciates as the US Dollar (USD) gains ground amid persistent US inflation cdoncerns and expectations of higher interest rates.
Three straight daily falls have taken the Euro to its lowest in 18 months, and the break came from the US side of the pair. EUR/USD is down from near 1.1200 at Monday's close to around 1.1050, after a session low just under it.
The US Dollar (USD) maintained its bullish momentum well in place for yet another day, this time revisiting levels last seen in April 2025 amid steady speculation of further tightening by the Federal Reserve, with investors even mulling the idea of a half-point interest rate raise.
EUR/USD trades flat during Thursday’s American trading hours as the US Dollar (USD) gives back some ground after hitting a fresh year-to-date high. At the time of writing, the pair trades around 1.1087, up from an intraday low of 1.1066, its weakest level since May 2025.
Societe Generale’s Kenneth Broux highlights renewed Dollar strength pressuring EUR/USD towards the key 1.10 level, with the pair already below its 200-week moving average and challenging the May 2025 trough.
ING’s Francesco Pesole highlights that divergent central bank rhetoric between the Federal Reserve and European Central Bank is weighing on the Euro against the Dollar. Wider two-year swap differentials favour USD, leaving EUR/USD at risk of testing 1.100 in coming days. ING expects that level to offer solid support, arguing a decisive break below 1.100 would likely require markets to price a 50bp Fed hike in December.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
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