EUR/USD Rebounds as Mixed US Data Weighs on Fed Rate Cut Outlook

EUR/USD, USD/JPY and AUD/USD Forecast – US Dollar Continues to See Noise

EUR/USD Technical Analysis The euro rallied a bit during the trading session here on Friday, as we have seen quite a bit of US dollar weakness around the world. That being said, we’re still just chopping back and forth. There’s no real directionality in the short term, but over the long term, obviously, the euro had been quite a bit more bullish than the US dollar. Recently, we had formed a double top at the 1.18 level, so that is worth paying a…

EUR/USD rebounds as mixed US data weighs on Fed rate cut outlook

The Euro (EUR) edges higher against the US Dollar (USD) on Friday, with EUR/USD rebounding toward the 1.1700 mark as mixed US macroeconomic data weighs on the Greenback.

EUR/USD Holds Above 1.1650, Rebounds After Thursday’s Losses - XtremeMarkets

EUR/USD is recovering during Friday’s Asian session, trading near 1.1660 after rebounding from a near 0.5% drop in the previous session. The pair is benefiting from a softer US Dollar (USD) as markets increase bets on a September interest rate cut by the Federal Reserve (Fed). According to CME’s FedWatch Tool, traders are now pricing […] The post EUR/USD Holds Above 1.1650, Rebounds After Thursday’s Losses appeared first on XtremeMarkets.