The EURUSD is starting the week slightly higher as traders will be paying attention to economic data, including US inflation figures expected on Tuesday.
The euro weakened on Thursday against the US dollar hitting a new low since November as traders bet on a faster recovery in the US than in Europe, hit by a new wave of Covid-19.
The Euro fell sharply on Tuesday against the US Dollar as new lockdown restrictions in Europe weighed on the single currency.
The US Dollar traded higher against major currencies at the end of the week after Federal Reserve Chairman Powell expressed little or no concern about the recent surge in bond yields.
The euro advanced against the dollar on Monday in a market awaiting US Central Bank (Fed) Chairman Jerome Powell's Tuesday and Wednesday hearings before US lawmakers.
The Euro rose against the US Dollar on Friday after the release of the US labor data as the unemployment rate fell to 6.3% in January, prompting traders to abandon the greenback in favor of riskier assets.
The Euro is trading lower against the US Dollar at the start of the week on a backdrop of a deteriorating market risk sentiment and a resurgence in the greenback.
The Euro is trading higher against the US Dollar on Thursday despite warning calls from the European Central Bank President Christine Lagarde over the deterioration of the covid-19 pandemic in the EU.
The Euro is trading higher against the US Dollar on Tuesday after putting in a minor reversal above yesterday’s close of 1.20746.
The Euro is trading lower against the US Dollar on Wednesday after initially pushing higher earlier in the session in an attempt to capitalize on Tuesday’s momentum.
The Euro continued to fall against the US Dollar at the start of the trading week with the EURUSD trading at its lowest levels since the pre-December rally.
The Euro is trading at a multi-year high against the US Dollar on Tuesday prompted by a weakening greenback.
近期歐元走勢持續下行,自2020年1月31日以來對美元連續下跌8個交易日。從技術上來看,歐元近期有些超賣的信號,我們預計歐元兌美元在1.0880一線的支撐非常重要。