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.
Greece is making progress against widespread wildfires thanks to improved firefighting efforts and cooler weather, while Spain mourns its third wildfire fatality this season. Southern Europe faces a tough battle amid extreme heat, drought, and persistent flames demanding urgent action and solidarity.
AUD/USD extends losses below key supports amid broad AUD weakness; bears targeting 0.6450 with resistance near 0.6600 likely to cap any rallies. Meanwhile, EUR/AUD gains as Euro strength and Aussie pressure push pair above key levels, signaling potential further upside. Traders watch support and resistance zones closely for next moves.
USD pressured as investor risk appetite improves ahead of key Federal Reserve commentary. Strong global equities and easing banking worries reduce demand for safe-havens. Euro, pound, and commodity currencies gain on positive economic data and stimulus news. Source: Original article by Mitrade at mitrade.com
Geopolitical optimism following renewed U.S.-Russia peace talks has boosted the euro, pushing EUR/USD higher. Market sentiment favors risk-on assets, supporting the euro amid softer U.S. data and Fed caution. Technicals show bullish momentum with resistance near 1.1090 in focus.
Spot silver holds near a three-week high as softer U.S. inflation and mixed Federal Reserve signals fuel hopes for a pause in rate hikes. A weaker dollar and falling Treasury yields add support, keeping precious metals in focus amid shifting economic outlooks.
If a peace deal in Ukraine materializes, analysts say the Euro could gain ground significantly. Reduced geopolitical risks would restore market confidence, ease energy concerns, and attract capital back to Europe, potentially driving the EUR/USD higher.
Euro-to-dollar outlook brightens as Fed signals a potential pause in rate hikes while the ECB remains cautious but steady. Diverging policies could push EUR/USD higher in the coming months, with investors watching data closely for the next moves.
EUR/USD falls sharply after US Producer Price Index surprises on the upside. Stronger inflation data reduces expectations for aggressive Fed rate cuts, bolstering the dollar and weighing on the euro. Markets now anticipate a more cautious Fed approach. Read more: https://www.fxstreet.com/news/eur-usd-dives-as-scorching-us-ppi-kills-hopes-for-jumbo-fed-cut-202508142013
EUR/USD continues its bullish run, holding above key support near the 200-day SMA and approaching resistance at 1.0900. Diverging central bank expectations and softer U.S. data support further upside potential. Traders should watch 1.0900 and 1.1000 levels for follow-through. Original analysis by Pablo Piovano, FXStreet.
The U.S. dollar held steady as markets awaited the Federal Reserve’s next move, while the British pound gained momentum following stronger-than-expected UK GDP data. Investors are positioning cautiously ahead of key inflation reports and central bank meetings shaping interest rate outlooks globally.
