The Euro faces continued selling pressure this morning around the 1.090 level following a failed attempt to test the 1.1000 psychological level yesterday. We have seen a slight shift in sentiment over the last day and a half which has resulted in modest gains for the US Dollar as traders snap up the...

The Euro is down in today’s trading session against the US dollar after the latest round of CPI figures from the Eurozone hit the market lower than predicted which raised expectations that the ECB may rethink the next rate hike. Euro zone headline inflation slowed to 6.9% in March against analysts’ ...

The Euro has slumped against the US dollar as we enter today’s trading session after a mixed round of data from the Eurozone with investors booking profits while awaiting the release of the latest durable goods orders figures later today during the American session. The Eurozone manufacturing sector...

The Euro continues to grind higher in today’s trading session against the US dollar, following on from yesterday’s interest hike decision from the US Federal Reserve which some analysts are predicting may be the last. The much-anticipated rate hike by the Fed, which had delivered eight previous rate...

The Euro continues to trade higher in today’s trading session against the US dollar, following on from yesterday’s gains after bullish comments from European Central Bank president Christine Lagarde and now market participants are sitting tight awaiting the latest interest rate decision from the US ...

The Euro is on track to rack up its 4th straight day of gains against the US dollar in today’s trading session after disappointing economic data yesterday threw into doubt the expected rate increase tomorrow from the US Federal reserve. The Conference Board's consumer confidence index dropped to 102...

The Euro continues to push higher against the US dollar in today’s trading session, after yesterday’s rate hike from the ECB as well as measures from the Swiss Central Bank to restore order in the country’s financial sector. The central bank has offered up to 50bn francs as needed to restore stabili...

After racking up 3 straight days of solid gains against the US dollar, the Euro has run into some strong resistance at the 1.0720 mark as market participants awit the release of the latest inflation figures from the US. The consumer price index from the US is expected to show headline inflation rose...

The Euro has jumped against the US dollar and may be headed for a strong finish at the end of the trading week after the release of the latest Nonfarm Payrolls data from the US which showed the aggressive rate hikes from the US Federal reserve may finally be paying dividends. According to the releas...

The Euro has hit a 3-month low in today’s trading session, following on from yesterday’s steep losses after an unexpected bullish testimony for US Federal reserve president Jerome Powell who informed financial markets that the US Central Bank was not done with rate hikes. Powell, who delivered a tes...

The Euro has hit a 3-month low in today’s trading session, following on from yesterday’s steep losses after an unexpected bullish testimony for US Federal reserve president Jerome Powell who informed financial markets that the US Central Bank was not done with rate hikes. Powell, who delivered a tes...

The Euro continued to advance against the US dollar in yesterday’s trading session, driven by investor expectations of a 50-basis points rate hike from the European Central Bank (ECB) against predictions that the US Federal Reserve will hike rates by 25 bps at its March meeting. This will further re...

The Euro tumbled against the dollar in yesterday’s trading session after unemployment claims pointed to a continuing robust U.S. jobs market and other data showed growing labor costs, indicating the Federal Reserve has further to go in raising interest rates to reign in record inflation The yield on...

The Euro came under pressure yesterday as economic sentiment came in lower than expected hitting the market at 99.7 against analysts’ expectations for a figure of 101. Amid a range of headwinds, sentiment declined in both the manufacturing and service sectors. However, on the price front, consumer i...

The Euro has started on the backfoot against the US dollar as the new trading week gets underway after a disappointing round of economic data released earlier this morning and now all eyes will be on the release of the all-important durable goods figure from the US. The data published by the Europea...

The Euro continued its slide against the US dollar in yesterday’s trading session after the release of CPI figures from the Eurozone once again showed a declining trend for inflation which led to speculation about the amount of further rate hikes the Europe Central bank will deliver as the year unfo...

The Euro took a tumble in yesterday’s trading session against the US dollar and is under further pressure today after a disappointing round of business data and a bullish stance from the US Federal Reserve which will ensure rates continue to rise in the world’s largest economy. Germany’s IFO Busines...

The Euro turned a corner at the start of the year against the US Dollar after reaching parity a little time earlier but fast forward until today and the European currency has given up all of its gains since early January. The key to any further gains against the greenback will be the inflation figur...

The Euro has sunk to a more than a six-week peak low against the US dollar after the release of better than expected U.S. retail sales data on yesterday, bolstering investors' expectations that the US Federal Reserve would keep interest rate hikes forthcoming for some time to fight stubbornly high i...

The Euro surged against the US dollar in yesterday’s trading session, reaching a high of 1.08 after the latest CPI figures from the US showed the aggressive rate hikes by the US Federal Reserve may final be bringing inflation under control in the world’s largest economy. The US Bureau of Labor Stati...

The Euro is stuck in a tight trading range against the US dollar as we enter today’s trading session as market participants sit on the sidelines while awaiting the latest consumer price index figures from the US which will likely dictate the direction of the EUR/USD currency pair this week. U.S. inf...

The Euro is once again under pressure against the US dollar as we get ready to enter today’s European trading session, following on from Friday’s heavy losses and according to one analyst unless the Eurozone's energy crisis can be fully solved the European currency may find it difficult to put toget...

The Euro remains under pressure in today’s trading session against the US dollar after lower-than-expected inflation figures yesterday raised expectations that the European central bank may ease up on the pace of their latest interest rate hiking cycle. Inflation in Germany, Europe’s biggest economy...

After a four day rout against the US dollar, the Euro is making somewhat of a comeback in today’s trading session but the rally may not last for long as higher interest rates coming from the US may hamper any further growth. The European currency was enjoying a smooth ride above the 1.09 mark before...

The Euro is once again suffering at the hands of the greenback in today’s trading session which began with the release of last Fridays bumper jobs report from the US which quashed any beliefs that the US Federal Reserve was done with their rate hiking program. This is now in contrast to the European...

The Euro is off to a slow start against the US dollar as we enter a new trading week as market participants continue to digest the bumper jobs report from the US last Friday that guarantees the US Federal reserve will continue their rate hiking cycle throughout the year. Jobs growth in the world’s l...

The Euro initially moved higher against the greenback in yesterday’s trading session before falling sharply after market participant interpreted the rate hike by the ECB as one of the last of the current rate hiking cycle. As widely expected by the market, the European Central Bank lifted interest r...

The Euro remains comfortably above the 1.09 mark against the US dollar as we get ready to enter the |European trading session after a strong round of economic data yesterday from Germany all but ensures a 50-basis point rate hike from the European central bank next week. Germany’s IFO Business Clima...

The Euro made some steady progress against the US dollar in yesterday’s trading session after economic data showed euro zone business activity made an unexpected rebound in January, while across the Atlantic U.S. business activity didn’t hold up so well. Business figures from the world’s largest eco...

The euro surged to a new 9 moth high against the US dollar in yesterday’s trading session after comments from several European Central Bank officials who have advocated for the continuation of Jumbo rate hikes as the year unfolds. The euro reached a high of 1.0927 to trade at its highest level since...