[EUR/USD] Market Reversed After U.S. Jobs Data
Before the U.S. jobs report was announced, the euro moved sideways without clear direction from the Tokyo market through to the European market.The U.S. jobs data was stronger than expected, …
[EUR/USD] Focus on U.S. Jobs Report
When the European market opened, the euro went down as U.S. long-term interest rates rose. It dropped to 1.1747. However, during New York hours, the ADP jobs report showed weaker …
[EUR/USD] Dollar Selling Takes a Pause
Yesterday, manufacturing PMI and inflation (HICP) data from Germany, France, and the EU were mostly in line with expectations, so the market showed little reaction. At the EU Forum, ECB …
[EUR/USD] Euro as an Alternative to the Dollar
The euro stayed strong at the end of last week and is still going up this week. On Monday in the Tokyo market, USD/JPY went down, which helped EUR/USD rise …
[EUR/USD] Trade Talks and U.S. Employment Report
At the start of last week, because of rising political risks, people first bought U.S. dollars as a safe option. The euro fell to 1.1454, which was last week’s low. …
[EUR/USD] Dollar Selling
President Trump said he will announce the next Federal Reserve (FRB) chair earlier than expected. Because of this, people started selling the US dollar. There are two reasons: people expect …
[EUR/USD] Broke Above Double Top, But…
The euro went up to around 1.1640 the day before, as people stopped buying the U.S. dollar for safety. But during Tokyo trading yesterday, traders adjusted their positions, and the …
[EUR/USD] Possible Break Above Double Top
Yesterday during Tokyo trading hours, President Trump announced that Iran and Israel had agreed to a ceasefire. Because of this, people stopped buying the U.S. dollar for safety, and the …
[EUR/USD] Less Concern About the Middle East and Expectation of Fed Rate Cut
After the news that the US attacked Iran, traders bought US dollars at the beginning of this week in the Tokyo market. Because of this, the euro went down to …
[EUR/USD] Middle East Situation and Tariff Talks
Last week, EUR/USD reached 1.1630, the highest level in 4 years and 8 months. But after that, the conflict in the Middle East became worse. Because of this, many people …