Approximately 22.7% of daily forex trades. This pair, often called “Fiber,” is the most traded due to the economic strength of the Eurozone and the United States, offering high liquidity and tight spreads.
Jerome Powell’s Jackson Hole speech emphasized ongoing inflation concerns and left the door open for further Fed rate hikes. EURUSD saw initial gains before pulling back amid cautious market sentiment. Traders now await upcoming US data for clues on future policy moves. Credit: XTB Market Analysis Team (www.xtb.com)
Euro and British pound gain ground against the US dollar in early trading as signs of easing US inflation and expectations of a Fed pause contrast with the ECB and BoE’s hawkish stance. Market eyes remain on upcoming central bank moves and economic data influencing forex volatility.
The CFTC has stepped up enforcement against unregistered forex firms including Funded Engineer, Fidelcrest LLC, and My Forex Funds for operating without registration and misleading investors. This action highlights increasing regulatory scrutiny over proprietary trading models that use evaluation accounts and simulated environments. Original article by PANews.
EUR/USD surged past 1.1700 following Federal Reserve Chair Jerome Powell’s dovish comments. Powell highlighted ongoing labor market challenges and described recent inflation spikes as mostly transitory, signaling a cautious approach to policy tightening. This led to a pullback in U.S. Treasury yields and a weaker dollar, boosting the euro. Markets are now pricing in a slower pace of Fed rate hikes, underlining the impact of Powell’s tone on currency sentiment. Source: FXStreet, Eren Sengezer
EUR/USD bears are tightening control as the pair tests a critical support zone around 1.0750. A decisive break here could accelerate declines toward 1.0650 amid strong US fundamentals and weakening eurozone outlook. Traders should prepare for increased volatility ahead as key economic data and central bank signals loom.
EUR/USD trades cautiously mid-day, slightly higher but confined below key resistance at 1.0894–1.0915. Momentum remains subdued with RSI near neutral and MACD flat. Watch 1.0788 support; a break below could resume bearish trends, while a clear break above resistance may trigger bullish momentum. The pair remains range-bound as markets await fresh catalysts. Source: ActionForex.com
This article expands on the original XTB analysis of Jerome Powell’s Jackson Hole speech and its impact on EUR/USD. Powell’s cautious tone on inflation and rate hikes prompted the euro to strengthen against the dollar, breaking key resistance levels. Full credit to the XTB research team for the foundational insights. Read more at xtb.com.
US Dollar gains momentum ahead of Fed Chair Powell’s Jackson Hole speech, putting GBP/USD and EUR/USD under pressure. Strong US data and rising Treasury yields bolster the Greenback as markets seek clues on future rate moves. Focus remains on whether Powell signals continued tightening or a pause, with UK and Eurozone economies showing divergence from US resilience.
EUR/USD holds near 1.07-1.09 as markets weigh ECB dovishness versus Fed hawkishness. USD/JPY tests 157 amid yield differentials while BOJ sticks to easing. AUD/USD faces pressure from risk sentiment shifts. The U.S. dollar remains caught between mixed economic signals and uncertain direction. #Forex #USD
EUR/USD showed slight gains after testing support near 1.0820, suggesting a pause in recent bearish pressure. Despite a modest bounce fueled by stronger Eurozone data and softer US indicators, technicals remain cautious with price below the 50-day SMA and mixed momentum signals. Key levels to watch include support at 1.0820 and resistance near 1.0925. Fundamental factors including ECB’s data-driven stance and US labor market softness continue to influence the outlook. Full analysis by Economies.com as of August 22, 2025.
