CCY:EURUSD

Eur/usd Currency Pair News

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At Close: Jun 18, 2026
The Euro started a fresh decline from well above 1.0800 against the US Dollar. EUR/USD declined below the 1.0750 support before the bulls appeared.
The EUR/USD pair kicks off the new week on a subdued note and consolidates its recent heavy losses to the lowest level since early May, around the 1.0670-1.0665 region touched on Friday. Spot prices c
Cutting to the chase, UBS say the next technical levels below to watch for breaking are: 1.0670 1.0645 1.0600 ---- This time last week EUR/USD had gapped down to open the new week on the political new

EUR/USD Long Position Cut at MUFG

04:00am, Sunday, 16'th Jun 2024
Foreign exchange strategists at MUFG had recommended buying the Euro to Dollar (EUR/USD) with a target of 1.1050. It had based its long position on the move in yield spreads in favour of the Euro.
There are a wide range of fundamental factors determining dollar direction, but Bank of America (BoA) considers that Federal Reserve policies and yields will be crucial for EUR/USD during the next few
EUR/USD slipped further into the low end on Friday, clipping into 1.0670 before recovering to the 1.0700 handle during the US market session. Political pressure is weighing down the Euro after a wide
Losses by governing parties in France and Germany have added pressure to EURUSD, with the euro failing to take advantage of soft US data.
Traders stay bullish on U.S. dollar as Fed's projections imply a single rate cut in 2024.
Election-related concerns are extending pressure on French assets, and markets are likely to play defensively. This will keep the Euro (EUR) on the back foot, says Shaun Osborne, chief FX strategist
The euro continues to see a lot of noisy behavior, as the market will continue to see a lot of questions asked of the European Union, and the economy as the ECB has already cut rates.
France's political instability is likely to keep the Euro under pressure, potentially boosting the U.S. Dollar over the short term.

EUR/USD – 14.06.2024

10:14am, Friday, 14'th Jun 2024
The Euro dropped further due to the fallout of the political turmoil in France. Prices closed at the triangle support trend line around 1.0650.
Fresh risk aversion on growing political uncertainty in France, with tremors hitting the whole euro-bloc, put the single currency under strong pressure.
The euro fell a bit in the early hours of Friday, as the markets are reacting to the G7 countries out there threatening the Chinese banks that deal with the Russians. The idea that they are going to t
Following a more hawkish than expected stance by the FOMC projections and statements, coupled with political turmoil in France, the EURUSD reversed its gains from the 1.0852 high and dropped back belo
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