FOREX.com by StoneX logo

Forex Stories EU vs Germany

The ICE U.S. Dollar Index regained the key 100 level as it jumped 1.1% to 100.23, EUR/USD dropped 0.3% to 1.0806...

Global Author
Global Author

Share this:

Forex Stories: EU vs Germany

Overnight, the U.S. dollar strengthened against other major currencies. The ICE U.S. Dollar Index regained the key 100 level as it jumped 1.1% to 100.23.

EUR/USD dropped 0.3% to 1.0806. European Commission President Ursula von der Leyen threatened legal actions against Germany concerning a German constitutional court's ruling over the European Central Bank's bond-purchase practices.

Source: GAIN Capital, TradingView


GBP/USD fell 0.6% to 1.2331. U.K. Prime Minister Boris Johnson unveiled a "conditional plan" to reopen society. People who could not work from home could return to the workplace. Some hospitality businesses could reopen on July 1 the soonest.

USD/JPY jumped 1.0% to 107.63 extending its rally to a third session.

Commodity-related currencies also weakened against the dollar. USD/CAD rebound 0.6% to 1.4006, and AUD/USD lost 0.7% to 0.6489.

Overnight, the U.S. dollar strengthened against other major currencies. The ICE U.S. Dollar Index regained the key 100 level as it jumped 1.1% to 100.23.

EUR/USD dropped 0.3% to 1.0806. European Commission President Ursula von der Leyen threatened legal actions against Germany concerning a German constitutional court's ruling over the European Central Bank's bond-purchase practices.
Chart tracking EUR to USD by FOREX.com

Source: GAIN Capital, TradingView


GBP/USD fell 0.6% to 1.2331. U.K. Prime Minister Boris Johnson unveiled a "conditional plan" to reopen society. People who could not work from home could return to the workplace. Some hospitality businesses could reopen on July 1 the soonest.

USD/JPY jumped 1.0% to 107.63 extending its rally to a third session.

Commodity-related currencies also weakened against the dollar. USD/CAD rebound 0.6% to 1.4006, and AUD/USD lost 0.7% to 0.6489.
 
 

Related tags:

The complete CFD trading experience

Award-winning platforms, competitive spreads, low commissions and dedicated support.

We live and breathe the markets and are dedicated to helping traders realise their ambitions as we continue to set the industry bar.

Economic calendar

Web Trader platform

Our sophisticated web-based platform is packed with features.

Related articles

AUD/USD forecast: Currency Pair of the Week | September 28, 2026

The week has started with stocks, gold, silver and bitcoin all falling, as crude oil rebounded and bond yields pushed further higher. Trump refusing to agree to Tehran’s proposal to re-open the Strait of Hormuz has left the markets disappointed. Still, reports that mediators are expected to hold talks with the two sides on an amended version of the 7-day proposal that Iran presented, keeps hopes alive that we may see some progress.

StoneX Europe Ltd may make third party material available on this website which may contain information included but not limited to the conditions of financial markets. The material is for information purposes only and does not contain, and should not be construed as containing, investment advice and/or investment recommendation and/or an investment research and/or an offer of or solicitation for any transactions in financial instruments; any decision to enter into a specific transaction shall be made by the client following an assessment by him/her of their situation.

StoneX Europe Ltd makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or other information supplied. You should always seek independent advice as to your suitability to speculate in any related markets and your ability to assume the associated risks, if you are at all unsure. We are not under any obligation to update any such material. Any opinion made may be personal to the author and may not reflect the opinion of StoneX Europe Ltd.

It's your world. Trade it.