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EUR/USD skyrockets as US jobs data triggers Fed rate cut bets
The EUR/USD surges more than 1% on Friday as the Greenback gets battered on a worse-than-expected jobs report in the United States (US), which triggered investors' reaction to price in two interest rate cuts by the Federal Reserve (Fed).
Euro rebounds sharply as US Nonfarm payrolls disappoint, rate cut bets surge
The Euro (EUR) reverses sharply against the US Dollar (USD) on Friday after the July Nonfarm Payrolls (NFP) report surprised to the downside, catching markets off guard.
EUR consolidating above 1.14 for second consecutive session - Scotiabank
The Euro (EUR) is quietly consolidating just above 1.14 against US Dollar (USD), trading in an exceptionally tight range for a second consecutive session, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
EUR/USD may test the 1.1380 support - UOB Group
Euro (EUR) could test the 1.1380 level against US Dollar (USD); a sustained drop below this level seems unlikely. In the longer run, EUR view remains negative; the next level to watch is 1.1350, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Eurozone Preliminary HICP inflation steadies at 2% YoY in July vs. 1.9% expected
The Eurozone Harmonized Index of Consumer Prices (HICP) rose 2% over the year in July, at the same pace seen in June, the official data released by Eurostat showed Friday.
EUR/USD hovers near 1.1400 ahead of Eurozone HICP, US Nonfarm Payrolls
EUR/USD remains steady after mild gains registered in the previous session, trading around 1.1420 during the Asian hours on Friday. The pair holds ground ahead of the Eurozone Harmonized Index of Consumer Prices (HICP) data due later in the day.
EUR/USD steadies near 1.1400 as hot US data supports Fed hold, eyes on NFP
The EUR/USD recovered some ground on Thursday, up a modest 0.10% after data from the United States (US) revealed a strong economy, justifying the Federal Reserve's reluctance to reduce rates, as witnessed on Wednesday. AT the time of writing, the pair trades at 1.1417, virtually unchanged.
Forex Today: The US NFP grabs all the attention
The US Dollar (USD) extended its advance for yet another day on Thursday, reaching new two-month peaks as investors continued to assess the latest FOMC event and higher US inflation, all ahead of the critical release of the Nonfarm Payrolls on Friday.
Euro pressured near multi-week low as strong US inflation data boosts Greenback
The Euro (EUR) trades under pressure for the sixth consecutive day against the US Dollar (USD) on Thursday, with EUR/USD struggling to recover as the Greenback holds firm near two-month highs.
EUR outperforming with modest gain as spreads remain supportive - Scotiabank
The Euro (EUR) is up a modest 0.3% against the US Dollar (USD) and outperforming most of the G10 currencies as we head into Thursday's NA session, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
EUR/USD can test the 1.1380 level - UOB Group
Euro (EUR) could test the 1.1380 level; a sustained drop below this level seems unlikely. In the longer run, EUR view remains negative; the next level to watch is 1.1350, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
EUR/USD breaks key support, downtrend accelerates - Société Générale
EUR/USD has shifted into a clear downtrend after failing to hold above 1.1830 and breaking below its multi-month trend line.
EUR: Staying fragile - ING
Eurozone second-quarter growth was marginally better than expected, but at 0.1% QoQ it still proved unsupportive for the euro, even when accounting for the tariff distortions, ING's FX analyst Francesco Pesole notes.
EUR/USD finds temporary support near 1.1400 ahead of Eurozone HICP, US NFP data
The EUR/USD pair attracts some bids near the round level of 1.1400 during the Asian trading session on Thursday. The major currency pair finds cushion as the US Dollar (USD) takes a breather after a five-day winning streak.
EUR/USD tumbles on hawkish Powell, strong US GDP figures smash Euro
The EUR/USD prolong its loses for the third straight day, collapses over 1.20% as the Federal Reserve hold rates and Jerome Powell, tilts hawkish.
Forex Today: No changes expected at the BoJ meeting
The US Dollar (USD) rose to new multi-week tops underpinned by firmer results from US fundamentals and the upbeat tone from Chair Powell at his press conference after the Federal Reserve left its interest rates the same, as largely expected.
EUR/USD slumps as Fed holds rates; Waller and Bowman dissent
The EUR/USD extended its losses during the North American session, as the Federal Open Market Committee (FOMC) held rates unchanged, in a vote split, that witnessed two Governors, favoring a 25-bps rate cut. At the time of writing, the pair trades volatile at around 1.1475-1.1500, negative on the d
EUR/USD to move higher on a 6-to-12-month view - Rabobank
EUR/USD is struggling to regain its composure after Monday's plunge. EUR/USD has been ripe for some correction, though our 3-month forecast of 1.15 has already been tested today.
EUR/USD tumbles to multi-week low as robust US data fuels US Dollar rally
The Euro (EUR) is on the back foot for a fifth straight day against the US Dollar on Wednesday, weighed down by a stronger Greenback and ongoing concerns over the recently announced US-EU trade deal, which many investors see as skewed in Washington's favor.
EUR trading defensively, despite better data and supportive spreads - Scotiabank
The Euro (EUR) is trading somewhat defensively into Wednesday's NA session, ignoring the release of stronger than expected data with a modest surprise to euro area confidence figures and the Q2 GDP print, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
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