EURUSD Forecast Is the euro still losing the battle
The first week of June begins with the euro showing renewed signs of short-term weakness. This can be seen in recent EUR/USD price action, with the pair falling more than 0.2% during the session.
Articles tagged with "eurozone-economy"
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EURUSD Analysis The Euro Continues to Lose Ground After US Employment Data Release
The EUR/USD has now posted six consecutive sessions of declines, marking one of the longest and strongest bearish streaks in recent months. In the short term, the pair has fallen by more than 1.6%, driven primarily by the steady strengthening of the U.S. dollar following the release of employment data in the United States.
EURUSD Forecast The Euro Fails to Recover Despite US Political Uncertainty
The EUR/USD has posted two consecutive losing sessions, with a short-term decline of nearly 0.6% in favor of the U.S. dollar. For now, the pair shows a neutral bias, mainly due to political uncertainty in the U.S., which has pushed the market into a sideways pattern and prevented the formation of consistent directional moves.
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