Euro sluggish after yesterday's fall

Economies.com
2017-08-15 04:15AM UTC

Euro slowed down near yesterday's lows, as dollar held its ground and demand rose on stock markets.

 

EUR/USD last traded at 1.1783, up from the opening of 1.1776, with a session-high at 1.1793 and a low at 1.1776.

 

Euro was little changed amid increased market’s risk appetite as North Korea-U.S. fears faded, leading Asian shares sharply higher.

 

Dollar’s gains knocked down euro, combined with Eurozone’s negative industrial production data, which affected Eurozone’s currency negatively.

 

Markets wait for a wide array of Eurozone data later this week, including; GDP, CPI and ECB minutes.

Forex and Currency News

GBP/USD news

Forex

BOE holds interest rates unchanged for sixth straight meeting
2024-05-09 11:33AM UTC
Bank of England voted to hold interest rates unchanged for the fifth straight meeting at 5.25%, the ...
GBP/USD news

Forex

Sterling under pressure ahead of BOE decisions
2024-05-09 07:50AM UTC
Sterling fell in European trade on Thursday against a basket of major rivals, extending losses for ...
USD/JPY news

Forex

Yen moves in negative zone under supervision of Japanese authorities
2024-05-08 04:36AM UTC
Yen declined on Wednesday in Asian trade against a basket of major rivals, extending losses for the ...

Forex Technical Analysis

GBP USD Analysis

Forex

The GBPUSD forecast update 09-05-2024
2024-05-09 09:34AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price achieved initial break to ...
EUR USD Analysis

Forex

The EURUSD price forecast update - 09-05-2024
2024-05-09 09:34AM UTC
EURUSD Price Analysis Expected Scenario The EURUSD price resumes its negative trading to ...
EUR GBP Analysis

Forex

The EURGBP begins to rise – Forecast today – 9-5-2024
2024-05-09 05:54AM UTC
EURGBP Price Analysis Expected Scenario The EURGBP price succeeded to hold above 38.2% ...