Created
: 2025.06.26
- English
- English
- What's Myforex
- Share
- Use tools
- Get information
- What's New
- Help center
- About us
- Customer support
- Terms and policies
-
-
PortfolioShare your portfolio and performance in real time -
Events & contestsEvents and contests held by retail brokers around the world
-
-
Real-time spread comparisonCompare spreads of major retail brokers in real time -
Volatility analysisVisualize volatility as a measure of daily market activity -
Swap point comparisonCompare buy and sell swap values for each broker by symbol -
Market rates & chartsCheck prices for all instruments offered by each broker -
IndicatorsProviding in-house developed indicators for MT4/MT5 -
Trading calculatorsCalculation tools for each broker to help you trade
-
-
World FX newsLatest news on forex and cryptocurrencies from around the world -
Broker informationTrading information of retail brokers worldwide -
MetaTrader4/5 user guideUser guide collection for the latest MetaTrader4/5 -
Economic calendarRelease calendar for indicators from official sources of major economies
EUR/USD: The pair reclaims 1.17-handle - OCBC
Breaking news
EUR/USD: The pair reclaims 1.17-handle - OCBC
New
2025.06.26 17:57
2025.06.26 17:57
2025.06.26 17:57
Euro (EUR) extended its run higher overnight, OCBC's FX analysts Frances Cheung and Christopher Wong note. Pair was last at 1.1732 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
EUR shifts into 1.15-1.20 range in coming months
"After months of waiting, German government finally signed off the draft budget for 2025, paving the way for a significant increase in spending on defence and infrastructure. Defence spending budget will more than double to EUR152.8bn by 2029."
"Meanwhile, NATO member states agreed to a big increase in military spending (5% of GDP). Taken together, these reinforced our view that fiscal will boost German growth in coming years, and potentially have a positive effect on EUR. In fact, the potential for big defence/infra spending is one of the factors underpinning our more-constructive outlook on EUR. "
"Daily momentum turned mild bullish while RSI rose. Break-out trade likely as EUR shifts into 1.15 - 1.20 range in coming months."
Last updated
: 2025.06.26
Related articles
EUR/GBP holds steady as EU-US trade deal and BoE comments drive sentiment
27 minutes agoFed's Barkin: Tariffs won't translate evenly into the economy
2025.06.26 22:39Fed's Goolsbee: Job market remains steady and around full employment
2025.06.26 22:38US first-quarter GDP contraction revised to -0.5% vs. -0.2% expected
2025.06.26 22:01USD/INR slips as Trump criticizes Powell, DXY drops to three-year low
2025.06.26 21:58US: Initial Jobless Claims fell to 236K last week
2025.06.26 21:37
FXStreet is a forex information website, delivering market analysis and news articles 24/7.
It features a number of articles contributed by well-known analysts, in addition to the ones by its editorial team.
Founded in 2000 by Francesc Riverola, a Spanish economist, it has grown to become a world-renowned information website.
Was this article helpful?
We hope you find this article useful. Any comments or suggestions will be greatly appreciated.
We are also looking for writers with extensive experience in forex and crypto to join us.
please contact us at [email protected].
Thank you for your feedback.
Thank you for your feedback.
Most viewed
Crude Oil floor drops despite war - TDS
Ironically, the floor price in crude Oil has likely declined as a result of the war.
New
2025.06.26 23:45Copper inventories are nearing critically low levels - TDS
Copper must make its way into the LME to prevent legitimate fears of a stock-out, TDS' Senior Commodity Strategist Daniel Ghali notes.
New
2025.06.26 23:40Gold's silently repricing the US Dollar - TDS
The US Dollar (USD) is partly losing its store-of-value function -- a macro theme that has already occurred many times through history. Gold is capturing a portion of that store-of-value function, TDS' Senior Commodity Strategist Daniel Ghali notes.
New
2025.06.26 23:23EUR/GBP holds steady as EU-US trade deal and BoE comments drive sentiment
The Euro (EUR) is holding steady against the British Pound (GBP) on Thursday as markets continue to monitor comments from central banks and economic resiliency.
New
2025.06.26 23:22Fed's Barkin: Tariffs won't translate evenly into the economy
Thomas Barkin, the President of the Federal Reserve Bank of Richmond, expressed caution regarding the uncertainty of how tariff increases might affect inflation in the US economy. He mentioned that recent experiences with inflation during the pandemic and its aftermath create uncertainty about how
New
2025.06.26 22:39Fed's Goolsbee: Job market remains steady and around full employment
Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee told CNBC on Thursday that the job market remains steady and around full employment, per Reuters.
New
2025.06.26 22:38XAG/USD consolidates above 21-day EMA as momentum fades
Silver (XAG/USD) is navigating a choppy session on Thursday, reversing course during the early American trading hours after drifting modestly higher through the day.
New
2025.06.26 22:36US first-quarter GDP contraction revised to -0.5% vs. -0.2% expected
The United States' Gross Domestic Product (GDP) contracted at an annual rate of 0.5% in the first quarter, the US Bureau of Economic Analysis (BEA) announced on Thursday. This reading came in worse than the previous estimate and the market expectation of -0.2%.
New
2025.06.26 22:01USD/INR slips as Trump criticizes Powell, DXY drops to three-year low
The Indian Rupee (INR) trades stronger against the US Dollar (USD) on Thursday, buoyed by a sharp decline in the US Dollar Index (DXY), which tumbled to a fresh three-year low.
New
2025.06.26 21:58US: Initial Jobless Claims fell to 236K last week
US citizens filing new applications for unemployment insurance dropped to 236K for the week ending June 21, as reported by the US Department of Labor (DOL) on Thursday. This print came in below initial estimates and the previous week's revised tally of 246K (revised from 245K).
New
2025.06.26 21:37Disclaimer:
All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.
The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.
Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy
