Euro holds firm against the dollar and the pound, rebounding against the Swiss franc. The dollar is still under pressure in the day with limited routes and limited volume. He EUR / USD rose to 1.2261 reaching the highest level since December 18. The price remains in the zone of the highs, close to the […]
Tag: EURUSD
EUR / USD hits week-long highs at 1.2251
He EUR/USD is firm for the second day in a row this week. The pair has advanced more than 40 pips since the start of the day, rising to new one-week highs at 1.2251 in the European opening. At time of writing, the euro is trading against the dollar around 1.2239, up 0.22% on the […]
EUR / USD remains above 1.2200 for now
EUR / USD buyers have held the supported pair above 1.2200, with the EUR being the best performing G10 currency since this week’s reopening. The late launch of the vaccine in the EU started on Sunday and may boost the euro. He EUR/USD it has so far survived repeated attacks failing to hit the 1.2200 […]
EUR / USD gives up most of daily gains and falls below 1.2200
EUR / USD took a sharp pullback after hitting 1.2250. Dollar strength was behind the pair’s fall. Low volume of operations at the start of the limited week. He EUR / USD gave up almost all of the day’s gains and fell to 1.2192, reaching the lowest level since the Asian session. The pair had […]
EUR / USD jumps to new 6-day highs near 1.2235 after signing of the US covid bill.
He EUR/USD has started the week starring in a major rally of almost 55 pips after Donald Trump decided to sign the bill on covid. The pair has risen from the 1.2180 zone, where it was moving at the Asian open, to new six-day highs in zone 1.2233. At time of writing, the pair is […]
1.2518 / 98 zone remains a tough barrier – Credit Suisse
The euro is on track to close with significant gains against the dollar in 2020. Credit Suisse economists see more limited upside potential in 2021, mostly due to extreme positioning. Expect the 1.2518 / 98 area to offer significant resistance. Key statements: “We maintain our long-term bias for EUR / USD higher after completing its […]
EUR / USD struggles to find direction, holding steady around 1.2200
The EUR / USD was unable to capitalize on modest intraday gains amid Thursday’s downsized trading for the holiday. The underlying bullish sentiment weighed on the safe-haven dollar and extended some support. The setup supports the outlook for some downside buying to emerge on any corrective pullback. The pair EUR/USD It fell around 25 pips […]
EUR / USD remains near 1.2200 in anticipation of Brexit agreement
Low volatility in the markets on a limited day. EUR / USD in negative for the week, but firm near highs in years. He EUR / USD is trading a small rise on Thursday, supported by optimism raised by the possible Brexit deal. The pound is the best performing currency and it also pushes the […]
EUR / USD declines returning below 1.2200 as confirmation of Brexit deal remains elusive
EUR / USD has pulled back below the 1.2200 level in recent trading as confirmation of a Brexit deal remains elusive. However, the pair is still trading at reasonable gains on the day, amid the continued positive tone of risk appetite. The Dollar Index (DXY) rebounded from the lows of 90.15 to current levels at […]
EUR / USD marks daily highs above 1.2200 ahead of possible Brexit deal
The dollar retreats in the market supporting the rise of the EUR / USD. Euro still can’t get back to last week’s moment. He EUR / USD climbed to 1.2222 marking a new high for the day driven by progress in the Brexit negotiations. It is estimated that an agreement could be announced next week. […]
