The EUR/USD has pulled back ever so slightly during the trading session on Thursday as we are getting close to the non-Farm Payroll announcement on Friday.
As expected, the American central bank slowed down the rate of raising the American interest rate, as inflation in the country showed a decline
The Euro is trying to break out against the US dollar as we wait for the FOMC announcement and of course the press conference that comes afterwards.
Ahead of today’s Fed and ECB decisions, the EUR/USD currency pair is exposed to selling operations with losses towards the 1.0801 support level before settling around the 1.0865 level
The EUR/USD has pulled back ever so slightly during the trading session on Tuesday but turned around to show signs of life as we are trying to form a bit of a hammer.
EUR/USD entered the new week trading near nine-month highs with room to test psychological resistance at 1.10.
The euro has been slightly positive during the trading session on Monday, as we continue to wait on the FOMC meeting on Wednesday.
The EUR/USD price pulled back slightly after the relatively weak German economic data.
GBP/USD tried to rally after the US Federal Reserve eased its preferred inflation gauge again, but sterling found plenty of willing sellers as the market continued to favor the US currency ahead of this week's interest rate decisions.
An important and fateful trading week awaits the exchange rate of the euro currency pair against the US dollar EUR/USD where both the European Central Bank and the US Federal Reserve Bank will announce their monetary policy decisions ending with the announcement of the US jobs numbers.
The Euro has done very little during the trading session on Friday, as it looks like we are starting to run out of momentum.
The continued pressure on the US dollar before the announcement of influential US economic data contributed to the bulls achieving more gains for the EUR/USD up to the resistance level of 1.0926.
The EUR/USD currency pair has rallied slightly on Wednesday as it looks like we are trying to do everything we can to break above the 1.09 level.
EUR/USD is still strong with signs of tightening on the part of European Central Bank officials led by Lagarde.
The EUR/USD had a choppy session on Tuesday, as we continue to see a lot of nonsensical trading.
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