1.147
Today
+0.02%
5 Days
-1.42%
1 Month
-0.88%
6 Months
-0.33%
Year to Date
-2.37%
1 Year
-3.37%
Opening Price
1.146Previous Closing Price
1.146
The downside prevails as long as 1.1512 is resistance, with 1.1452 and 1.1442 as targets
above 1.1512, look for 1.1527 and 1.1537.
The downside prevails as long as 1.1512 is resistance, with 1.1452 and 1.1442 as targets
The EUR/USD pair declines to around 1.1460 during Asian trading hours on Thursday. The Euro (EUR) weakens against the US Dollar (USD) following an interest rate hike from the US Federal Reserve (Fed). The US Initial Jobless Claims data will be released later on Thursday.
The European Central Bank (ECB) raised its deposit rate to 2.50% on September 10, and the Euro has fallen every session since. The Fed raised its own rate to 3.75-4.00% on Wednesday, by the same quarter point, and the day's drop was the biggest of the run.
The US Dollar (USD) has navigated a positive range on Wednesday, gathering extra pace soon after the Federal Reserve hiked its FFTR by a quarter percentage point, as widely anticipated.
• EURUSD declined due to increased US dollar demand from Federal Reserve monetary tightening. • The FOMC raised interest rates by 25 basis points to 3.75%-4.00%. • Persistent Eurozone stagflation risks and monetary policy divergence created structural downside pressure.
The Fed has raised its rate to 3.75-4.00%, its first increase since 2023 and its first move of any kind since the cut in December 2025. Six days ago the European Central Bank (ECB) raised its deposit rate, the return banks earn on money parked with it, by the same quarter-point to 2.50%.
Scotiabank strategists Shaun Osborne and Eric Theoret note the Euro (EUR) is consolidating in a tight range around the mid-1.15s as markets await the Federal Open Market Committee (FOMC).
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.
