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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.

EUR/USD

4 Reasons Why EURUSD Has Just Ignored the Upbeat EU PMI data

Forex
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The EURUSD pair is little changed today as traders reflect on the upbeat manufacturing PMIs from Europe and the better-than-expected unemployment numbers from Japan. The pair is trading at 1.1242m which is higher than the intraday low of 1.1217.
EURUSD

EURUSD Extends Losses As Risk-Off Sentiment Prevails

Forex
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EURUSD continue lower for the second consecutive session as the risk-off sentiment returns to market after the rising number of new coronavirus infections in California, Arizona and Texas. The correction from three-month highs continue,
EURUSD

EURUSD: EUR to USD to Remain Above 1.1300 Today – ING

Forex
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The EURUSD is little changed today as investors pause after the significant rally made in the past few days. The pair is trading at 1.1300, which is slightly below the yesterday’s high of 1.1345. In a statement today, analysts at ING said that they expect the pair to remain above 1.1300 as they struggle to see any positives for the greenback.
cac 40

EURUSD Tests 1.12 Ahead Of the EU Coronavirus Fund Meeting

Forex
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EURUSD gives up the morning European session gains and now tests for one more day the 1.12 mark. The correction from three month highs continue while we might see an acceleration of the downward pressures in case the pair breaks below the 1.12 round figure.

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