EURUSD News

EURUSD

In this section, you will find important EURUSD news, actionable trading ideas, and a live EURUSD chart to help you understand the markets better.

What’s EURUSD ?

EURUSD is a Forex pair that shows how many US dollars it costs to buy one Euro. The Euro is the so-called base currency, while the US is the quote currency in this pair. The EURUSD is the most popular trading pair in the FX markets, and about 25% of all trades are made in this pair. The pair is therefore considered to be one of the “Majors Pairs.”

The price of the EURUSD depends on the supply and demand of the Euro and the US Dollar. The factors that affect supply and demand are the relative interest rates, the GDP growth, inflation, unemployment rates, balance of payments, and other macroeconomic figures.

The US Federal Reserve Bank (FED) and the European Central Bank (ECB) are the two institutions that EURUSD traders follow to get an idea about the future moves of the pair. Traders also watch Germany and France, the two biggest economies in Europe that affect the price of the euro.

EURUSD At Dynamic Resistance – 1.20 Just Around the Corner

Forex

·Aug 19, 2020, 09:27 BST·

EURUSD bulls are in control. The pair continues its march higher, and...

Morning Brief: S&P 500 hits new record high amid sliding Dollar Index

Indices Market Brief

·Aug 19, 2020, 07:23 BST·

The S&P 500 index climbed to its highest level ever yesterday, even...

EURUSD Jumps Above Two Year Highs. Can Bulls Break Above 1.20?

Forex

·Aug 18, 2020, 16:04 BST·

EURUSD jumps to the highest level since May 14, 2018, as the sell-off in USD continues across the board. The U.S. dollar index DXY hit two-year lows at 92.35.

EURUSD’s Relentless Bid Continues – Will It Make a New High?

Forex

·Aug 17, 2020, 08:18 BST·

The EURUSD bid continues unabated – a one-way street recovery since it...

EURUSD Back To 1.1650 To Complete a Bearish Pattern

Forex

·Aug 14, 2020, 09:23 BST·

The EURUSD pair traded with a bullish tone all week. Ever since...

Morning Brief: Asian markets rise despite disappointing Chinese data

Indices Market Brief

·Aug 14, 2020, 08:47 BST·

Asian stocks turned higher ahead of the closing as the failure in negotiations between the Democrats and Republicans on a new stimulus package that will support the economy

Initial Jobless Claims Drop Below 1 Million – EURUSD Unfazed

Forex

·Aug 13, 2020, 13:51 BST·

EURUSD regains the positive momentum today as the pair trades higher for the second straight day, and attempts a move up to the two-year highs despite the better than expected initial jobless claims. The deadlock in stimulus negotiations continues to put pressure on the greenback.