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 crosses key resistance; cup and handle pattern confirmed

Forex

·Jul 09, 2020, 07:01 BST·

The EURUSD pair moved above a key resistance as the greenbuck got...

EURUSD Looks to Test 1.1900 with U.S. Retail Sales Data Ahead

Forex

·Nov 17, 2020, 08:43 GMT·

EURUSD is looking for a fourth-consecutive day of gains as the pair now trades at 1.1850. Direction could come from the latest retail sales data from the U.S. economy this afternoon.

EURUSD Turns Lower As EU Leaders Bicker Over Recovery Funding

Forex

·Apr 20, 2020, 07:35 BST·

The EURUSD pair retreated in early trading as investors started to question the financing deal that was agreed by European finance ministers. According to the Financial Times, the bloc’s plan for a multitrillion euro recovery project will likely face political opposition from several countries.