The EUR/USD pair is highly recommended for traders who are only beginning to trade Forex. It trades easily by retail traders as well as by Central banks and financial institutions around the world.
The most active trading sessions takes place in London and New York and the most commonly used EUR/USD Forex charts are the Daily, 4 Hour and 1 Hour charts. The traders at Daily Forex will post the latest Euro to US dollar forecasts and will keep you totally updated regarding EUR/USD trading.
EUR/USD receives additional interest from volume generated by the Euro-crosses (e.g. euro/British pound (EUR/GBP), EUR/CHF and EUR/JPY. This interest tends to be contrary to the underlying U.S. dollar direction, making it an attractive market for short-term traders.
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The EUR/USD rallied a bit during the trading session on Tuesday but continues to see a lot of problems to get going to the upside.
Every time the price of the EUR/USD tries to rebound upwards, the negative impact factors remind investors that the euro will remain weak for a longer period of time.
The EUR/USD has gone back and forth during trading on Monday, as we continue to see the parity level attract a lot of attention.
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The EUR/USD will decline significantly in 2022.
The EUR/USD initially tried to rally during the session on Friday, to break well above the parity level as traders got ready to hear the Jerome Powell speech coming out of Jackson Hole.
The EUR/USD initially rallied on Thursday provide struggled to stay above the parity level.
The EUR/USD has been very noisy during the trading session on Wednesday as we continue to hover just below the parity level.
The dollar held steady against the other major currencies on the back of safe-haven flows, while the euro hovered near a two-decade low as Europe grapples with energy supplies and broader concerns about economic growth.
The EUR/USD exchange rate entered the new week's trading once again, determined to break the parity rate.
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The Euro has broken through parity again during the trading session on Monday and has now left the parity level behind.
Investors’ desire to buy the US dollar and abandon the euro contributed to the increase in the selling operations of EUR/USD.
The Euro has fallen during the trading session on Friday, as it looks like we are hell-bent on testing the parity level again.
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Sign up to get the latest market updates and free signals directly to your inbox.The Euro continues to take a bit of a beating as we have seen it drop through the 1.01 level during trading on Thursday.
The rise of the US dollar will continue and ensure that the euro remains under pressure, according to new research from Swedbank.
The Euro bounced ever so slightly during the trading session on Wednesday as the FOMC Meeting Minutes came out.