1.162
Today
-0.01%
5 Days
-0.22%
1 Month
+0.78%
6 Months
-0.53%
Year to Date
-1.03%
1 Year
-0.11%
Opening Price
1.162Previous Closing Price
1.163The US Dollar (USD) has added to Wednesday’s pullback, receding to multi-day lows and breaching below its key 200-day SMA.
Scotiabank’s Shaun Osborne and Eric Theoret highlight that the Euro (EUR) is higher against the US Dollar (USD), supported by strong euro area Producer Price Index (PPI) and firmer European Central Bank (ECB) rate expectations. Markets now price more than one 25bp hike by year-end.
EUR/USD attracts buyers on Thursday as a sharp rally in the Japanese Yen (JPY), softer United States labour-market data and a pullback in US Treasury yields weigh on the US Dollar (USD). At the time of writing, EUR/USD trades around 1.1622, up roughly 0.30% on the day.
TD Securities’ macro team, including Pooja Kumra, expects the ECB to raise the deposit rate by 25bp to 2.50% in September. They see limited forward guidance, with the Governing Council reiterating its data-dependent, meeting-by-meeting approach.
BNY’s Geoff Yu notes that Eurozone assets remain supported by steady composite PMI readings and improving signs in German demand, while speculation over ECB leadership succession grows.
The Euro (EUR) is up 0.2% to near 1.1610 against the US Dollar (USD) during the European trading session on Thursday.
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 1.1586 is support, with 1.1641 and 1.1655 as targets
below 1.1586, expect 1.1563 and 1.1550.
The upside prevails as long as 1.1586 is support, with 1.1641 and 1.1655 as targets
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