During the last three trading sessions last week, the EUR/USD price succeeded in rebounding higher with gains that reached the level of 0.9854.
The EUR/USD initially fell during the trading session on Thursday but turned around to show signs of life again.
Forex investors are trying to take advantage of the recent collapse of all currencies against the dollar, which jumped to its highest level in 20 years due to expectations of a US interest rate hike.
The EUR/USD has rallied a bit during the training session on Tuesday as we have seen a bit of a relief rally.
The bearish stability of the EUR/USD pair, around its lowest in more than twenty years, continues to dominate the performance of the most popular currency pair in the forex market.
The Euro fell again during trading on Monday as the “risk off” trait is most certainly in full effect.
The EUR/USD currency pair has broken down significantly, losing almost 1.5% on Friday.
EUR/USD traders have tried to rally during the trading session on Thursday but as you can see, the market is likely to continue showing a lot of problems.
The euro price got a new round of downward pressure when news broke of Putin announcing the partial mobilization of Russian forces.
The EUR/USD exchange rate entered this important week’s trading stable below the parity rate.
The EUR/USD continues to go back and forth during the trading session on Monday, as we seem to be attracted to the parity level.
In the last three trading sessions of last week, the price of the currency pair EUR/USD settled below the parity price.
The EUR/USD has gone back and forth during the trading session on Friday as we continue to hang around the parity level.
The Euro has done very little yet again during the day on Thursday as we continue to hang around the parity level.
The euro against the dollar took heavy losses after sharp increases in some US inflation surprised the market.