EUR in the spotlight: latest news

The EUR/USD pair is trading within a narrow range of approximately 1.1710 during the late Asian trading session on Monday. The currency pair is consolidating as investors await the upcoming French confidence vote.

The EUR/JPY pair has declined to approximately 173.00 after peaking at 173.91, the highest level since July 2024, on Monday. Despite this pullback, the bullish sentiment remains strong as indicated by the 14-day Relative Strength Index.

The Pound to Euro (GBP/EUR) exchange rate remained stable within a tight range on Monday, despite the positive report on Germany's industrial production index.

The Pound to US Dollar exchange rate (GBP/USD) rose on Monday, influenced by disappointing US jobs data from Friday that weakened the Dollar. Additionally, stable gilt yields contributed to this upward movement.

The Euro (EUR) is stabilizing within a narrow range and remains steady as it enters Monday's North American trading session, unchanged from its closing value on Friday, according to Scotiabank's Chief FX Strategists.

Forecasts for the Pound to Euro exchange rate (GBP/EUR) are showing significant divergence, highlighting the increasingly uncertain outlook for the currency pair.

The Pound-to-Euro forecast indicates that the Euro is experiencing mixed movements due to economic data, while the British Pound is following the trends of government bonds.

The Pound to Euro exchange rate (GBP/EUR) is expected to face continued pressure in the coming week, influenced by developments in French politics and other factors.

The Euro strengthened at the beginning of the week, continuing its gains from Friday and moving EUR/USD closer to the significant resistance level of 1.1750.

The Pound to Euro exchange rate remained stable on Monday, maintaining a range as positive sentiment in the market coincided with stronger-than-expected German industrial output.

The Euro to Dollar exchange rate (EUR/USD) is showing a positive trend as the week begins, and we anticipate continued upward movement. However, a temporary setback may be possible.

The EUR/USD pair has reached a five-week high in anticipation of the upcoming French vote of no confidence. Meanwhile, oil prices have increased due to concerns surrounding sanctions on Russian oil, despite OPEC+ reaching an agreement on production levels.

EUR/USD reached a five-week high of approximately 1.1750 following disappointing US jobs data, which increased expectations for a Federal Reserve rate cut. As the European Central Bank is expected to maintain its rates, the euro may continue to strengthen.

MUFG provided analysis indicating that they expect the EUR/USD exchange rate to exceed $1.2000 by the end of the year. This forecast was made prior to the recent vote of no confidence in the French Prime Minister.

The EUR/USD forecast suggests that the dollar will continue to weaken following a disappointing monthly employment report released on Friday.

EUR/USD finished the previous week slightly higher, buoyed by a rally on Friday. The pair remains steady and trades comfortably above the 1.1700 level as market participants await a confidence vote in France.

The Euro to Dollar (EUR/USD) outlook improved last week due to disappointing US jobs data, which increased the likelihood of a rate cut by the Federal Reserve in September. This development pushed the currency pair above key resistance levels, targeting 1.20.

The US Dollar experienced a rebound due to weak jobs data, which increased expectations for a Federal Reserve rate cut. This development is influencing the short-term outlook for trading pairs GBP/USD and EUR/USD.

The US dollar has shown slight weakness in the early hours of Monday as traders anticipate upcoming interest rate cuts from the Federal Reserve.

The Euro to Dollar (EUR/USD) forecast is currently influenced by European political developments and ongoing economic challenges in the United States.

The GBP/USD exchange rate rose above 1.35 on Friday, driven by a disappointing US jobs report that reinforced expectations for a more dovish stance from the Federal Reserve.

This week’s earnings reports will feature GameStop, Adobe, and a comprehensive trading statement from Associated British Food, the parent company of Primark.

Central banks are increasingly turning to gold, which is greatly impacting its rising value. This trend is fueled by a desire to diversify away from the dollar and to hedge against inflation.

In a surprising turn of events, the University of South Florida (USF) secured a significant victory against Florida in Week 2. Head coach Alex Golesh led his team to triumph at the Swamp, marking a remarkable achievement for the program.

The key question in global finance is what the long-term sovereign bond yields would look like if there had not been over a decade of continuous quantitative easing.