Risks Remain Lower for EUR/USD. Sharp Increase in Covid Cases Adds Another Concern for the Euro.
EUR/USD Price, Chart, and Analysis
The US Dollar came into the holiday-shortened week with a full head of steam. But that's been soundly reversed. Tomorrow brings NFP and Canadian employment.
It's going to be a big week for the US Dollar and likely US equities as the Jackson Hole Economic Symposium kicks off on Wednesday.
After a burst of excitement FX markets have begun to digest, but will sellers be able to provoke a bigger push in the US Dollar?
The Equity sell-off has calmed for now but a number of questions remain around global markets. The US Dollar is currently testing lower-high resistance.
Rate decisions take place out of both Europe and the US in the next two weeks, with each carrying the expectation for dovish policy from the respective Central Bank.
Markets are geared-up for rate cuts out of the Fed later this month but will the Fed deliver? And if so, how much more softening might be in the monetary backdrop?
The US Dollar has seen a different tonality so far in July, but a short-term theme of strength runs counter to an intermediate-term scenario of weakness.
The US Dollar is coming off of bearish backdrop in June, but prices so far in Q3 have pushed up for a test of lower-high resistance.
The US Dollar has posed a mild gap with a bounce to start Q3 trade, but are USD bears prepared to hibernate in the second half of the year?
A riveting Q2 is nearing its end, but can the US Dollar breakdown that began in June continue into the second-half of the year?
Last week was big for the US Dollar, but with only a week left until the Q3 open – can sellers continue to push? Both EURUSD and AUDUSD are set up.
It's been a busy backdrop since yesterday's FOMC rate decision, with risk assets flying-higher as the US Dollar has taken a dive.
The US Dollar came into the month of June screaming-lower, but has since found support. Next week's FOMC looms large, will buyers be able to hold the bid?
The Euro continues to show strength in the face of a plethora of risks. In this article, setups are looked at on either side of the single currency.
The US Dollar has finally found some element of support at a key Fibonacci level which is confluent with the 200-day moving average. Can it hold?
The US Dollar has continued its week-long sell-off after this morning's NFP report, helping to buoy EURUSD up to fresh two-month-highs.
The May US Change in Nonfarm Payrolls report is due on Friday at 12:30 GMT.
The June European Central Bank rate decision and policy meeting will arrive on Thursday, June 6 at 11:45 GMT.