General information
The EURUSD pair slipped 0.19% to 1.1530 on Tuesday, October 12. The single currency rallied to a session high of 1.1570 during the European session, but failed to keep up the bullish trend. Economic sentiment indices in Germany and the euro area disappointed the market with lackluster performance. The further decline of the ZEW indicator of economic sentiment is mainly due to the persisting supply bottlenecks for raw materials and intermediate products.
13 October 10:59
The EURUSD pair logged losses on Monday, October 11, down 0.19% to 1.1552. The United States and Canada were offline in observance of Thanksgiving and Columbus Day.
12 October 10:16
Most major currencies showed mixed dynamics heading into the weekend. The biggest gains against the US dollar were posted by the Canadian dollar (+1.41%), followed by the Australian dollar (+0.53%), sterling (+0.50%) and the Swiss franc (+0.37%). On the other side of the FX spectrum, the New Zealand dollar (-0.06%), the euro (-0.19%) and the Japanese yen (-1.02%) logged losses.
11 October 11:20
The EURUSD pair dipped 0.04% to 1.1551 on Thursday, October 7. Price action climbed to 1.1572. The aussie and the kiwi dollars currently top the leaderboard. Risk-sensitive assets have seen demand since the European opening amid rising US index futures.
8 October 11:49
The EURUSD pair dropped 0.36% to 1.1556 on Wednesday, October 6. The euro came under pressure against all currencies amid rising UST yields, strengthening of the dollar and a decline in US stock indices.
7 October 11:07
The EURUSD traded to the downside on Tuesday, October 5. The single currency fell 0.19% against the dollar to 1.1598, and by 0.34% and against sterling to 0.8508. The EURGBP cross has been in decline since September 30. The euro has lost 1.48% (128 pips) over the past four sessions.
6 October 11:51
The EURUSD pair rose 0.24% to 1.1621 on Monday, October 4.
The DXY index fell to 93.68, while the single currency reached an intraday high of 1.1640. The dollar stopped weakening due to a tech-driven sell-off in equities. As a result, the Nasdaq 100 plunged 2.16% to 14,472. By the close, price action in the key pair dropped to 1.1616.
5 October 11:25
Virtually all major currencies closed the week in the red. The sharpest decline against the US dollar was seen in the single currency (-1.09%). Smaller drops were posted by the New Zealand dollar (-1.05%), sterling (-0.90%), the franc (-0.67%) and the yen (-0.29%). Only the Canadian dollar (+ 0.02%) and the Australian dollar (+ 0.14%) logged gains.
4 October 11:45
The EURUSD pair tumbled 0.17% to 1.1578 on Thursday, September 30. The single currency looked steady ahead of the European opening. Price action sank to 1.1568 due a decrease in the EURGBP cross pair and an increase in the DXY index. Sellers pushed the key pair to an intraday low of 1.1563 during the North American session.
1 October 12:29
The EURUSD pair slid by 0.74% to 1.1598 on Wednesday, September 29. The DXY index rose to a new 11-month high (94.44), on the back of heightened expectations of Fed tapering by year-end and a rate hike in 2022. Risk aversion negatively impacted all major currencies.
30 September 11:28
The EURUSD pair eased 0.10% to 1.1684 on Tuesday, September 28, off a daily low of 1.1668. The DXY index climbed to 93.82, the highest in over 10 months.
29 September 11:02
The EURUSD pair dropped 0.20% to 1.1696 on Monday, September 27. The single currency brushed aside the outcome of Germany’s federal election. ECB president Christine Lagarde, addressing a hearing of the Committee on Economic and Monetary Affairs of the European Parliament, said that the PEPP program is effective, while the uptrend in inflation is transitory.
28 September 11:56
Most major currencies traded lower over the past week. The steepest decline against the US dollar was seen in the Japanese yen (-0.69%), while sterling slipped 0.46%, the New Zealand dollar dropped 0.38%, the Australian dollar dipped 0.09%, and the single currency edged down 0.04%. Conversely, the Canadian dollar (+0.99%) and the Swiss franc (+0.86%) strengthened.
27 September 12:11
The EURUSD pair rose 0.44%, to 1.1739 on Thursday, September 23. The DXY index dropped sharply on the back of improved risk sentiment in global financial markets amid the PBoC’s injection of liquidity into the banking system. Market participants read this move as assistance to Evergrande.
24 September 12:11
Bitcoin logged gains on Wednesday, September 22. By the close, the BTCUSD pair climbed 6.9% to $43,543. Investors settled down after positive news rolled in on the embattled Chinese developer Evergrande, with over $300 bln in debt. Price action recovered from $39,600 to $44,358, including gains seen in today's trading session.
23 September 17:05
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