EUR-USD News & Articles
On Wednesday, March 20, the Federal Open Market Committee of the US Federal Reserve delivered their message about the path of monetary policy.
The dollar index rose to a new high on the nearby contract on March 7 when it rose to 97.665.
On Thursday, March 7, the markets heard from the President of the European Central Bank. Mario Draghi and the ECB have been far behind their counterparts at the US Federal Reserve.
The dollar index has been on a bullish tear since January 31 as it has posted gains in nine of eleven sessions and rose from a low at 94.875 to a peak at 97.12, a move of 2.4 percent over the past
On Monday, February 11 the dollar index rose to its highest level of 2019 as it closed at 96.857.
The most significant factor when it comes to the path of least resistance of the dollar versus the euro and other world currencies is tr
At the beginning of 2018, the dollar index weakened.
The dollar is a reserve currency because central banks all over the world hold the greenback because of its stability over time.
Both the EURJPY and EURUSD are both moving within a range this morning on the daily charts. The red lines highlights the top and bottom of the range. Currently the
On Thursday, December 13, the President of the European Central Bank, Mario Draghi, delivered what should have been a hawkish message to the markets.
The following charts show the fibonacci levels based on the monthly charts. Fibonacci levels are important because they typically provide support and resistance areas.
The euro currency is likely to face lots of challenges in the coming weeks and months.
Previous highs and lows are great indications where the market will encounter either support (level is below price) or resistance (level is above price). The levels to watch for this on the forex
At the latest meeting of the Federal Open Market Committee, the U.S. central bank left the short-term Fed Funds rate unchanged in November.
A potential "technical" agreement has been reached over the Brexit. However, Prime Minister Mays has scheduled a meeting for today to convince her cabinet to accept the deal. Will there be resign
Volatility rippled through financial markets all through October with the main beneficiary being the US dollar.
Most of the forex majors may be testing prior highs or lows this week and a reveral is possible on several of the major currencies. Additionally, the Bank of Canada will announce their rate statem
Currency markets tend to reflect both political and economic events. Monetary policy is set by central banks and monetary authorities who control short-term interest rates.
Compared to previous weeks, this week is a rather light market report week. On the US side, the FOMC minutes will be released on Wednesday at 2pm New York time and traders will be reading the minu