[EUR/USD] Tariffs and European-U.S. Economic Data
Last week, the euro fell to 1.0733 after President Trump announced a 25% tariff on imported cars. This level is an important support point based on technical indicators. Later in …
[EUR/USD] Is the Decline Stopping?
The euro continues to fall this week. Yesterday, it dropped to 1.0744 because U.S. durable goods orders were better than expected and U.S. long-term interest rates went up. The decline …
[EUR/USD] U.S. Long-Term Interest Rates Rise
During the European session, France’s PMI (Purchasing Managers’ Index) was stronger than expected, leading to euro buying. However, weaker-than-expected PMI data from Germany and the eurozone caused the euro to …
[EUR/USD] Euro Struggles to Rise After Federal Open Market Committee (FOMC)
Before the FOMC meeting, traders sold euros to adjust their positions, causing the price to drop from the mid-1.09 level to 1.0860. During the meeting, the Federal Reserve repeated its …
[EUR/USD] Ukraine Ceasefire Hopes and German ZEW
Reports that President Trump will discuss with President Putin on the 18th raised expectations for a temporary ceasefire in Ukraine, which led to more buying of the euro. Additionally, weaker …
[EUR/USD] Double Top at 1.09 Mid-Level
Germany reformed its debt brake and moved towards fiscal expansion, and over the weekend, President Trump indicated the possibility of ending the conflict with Russia. As a result, the Euro …
[EUR/USD] Euro Buying Pauses
The euro rose quickly last week, but yesterday, it slowed down for a price adjustment. The EU announced countermeasures against Trump’s tariffs, and Trump responded by promising further actions. Because …
[EUR/USD] Speed Adjustment
The euro rose to 1.0871 in the Tokyo market but could not reach last week’s high of 1.0888 and dropped to 1.0805. Later, buyers entered at the low price, and …
[EUR/USD] Doji Candle Appears
Yesterday, the European Central Bank (ECB) lowered its interest rate by 0.25% to 2.65%, as expected. The ECB’s statement suggested that inflation is slowing down and financial policies are becoming …
[EUR/USD] Increased European Defense Spending and Ukraine Support
The euro moved around 1.04 in the Tokyo market but started rising in the European market. European Commission President von der Leyen announced that Europe would spend 800 billion euros …