EUR in the spotlight: latest news

The euro zone economy experienced slightly stronger growth than anticipated in the third quarter, driven by robust performance in France.

EUR/GBP has surpassed the significant resistance level of 0.8750 and is now targeting 0.89, primarily due to the weakness of the British pound. A pullback in the currency pair could present a favorable buying opportunity ahead of the European Central Bank's upcoming decisions.

The EUR/USD currency pair declined further on Thursday, continuing the downward trend that began after the Federal Open Market Committee (FOMC) meeting on Wednesday. The pair reached levels that have not been observed since early August.

The EUR/USD exchange rate has fallen to 1.1620 as a result of the Federal Reserve's hawkish stance, weak economic data from the Eurozone, and a cautious approach from the European Central Bank. The current market conditions are reshaping the outlook for the currency pair.

The EUR/USD exchange rate was hovering around the 1.16 mark prior to the European Central Bank's (ECB) rate decision, showing a slight recovery after the Federal Reserve's somewhat hawkish press conference.

The Pound to Canadian Dollar (GBP/CAD) exchange rate remained stable on Thursday following a week of fluctuations, maintaining its position slightly above multi-month lows as traders assessed market conditions.

The British Pound continues to face pressure in global markets, with the GBP/USD exchange rate at risk of hitting a six-month low following the Federal Reserve's recent decision.

The British Pound continued to decline in global markets on Tuesday, facing ongoing pressure due to concerns surrounding the national budget.

The EUR/USD pair is experiencing a slight bearish trend on Wednesday, trading around the 1.1630 level as the American session begins.

The euro is nearing its highest level in a decade against a trade-weighted currency basket, driven by expectations that the European Central Bank will not implement further rate cuts.

The EUR/USD outlook indicates a bearish trend as the pair hovers around 1.1635, just ahead of today's US Federal Reserve meeting.

Currency markets are stable as traders await important announcements from central banks, exercising caution ahead of the Federal Open Market Committee (FOMC) and European Central Bank (ECB) decisions. The euro is maintaining its position during this period of uncertainty.

The Pound to Euro exchange rate (GBP/EUR) declined significantly on Tuesday, continuing its downward trend due to growing fiscal concerns and negative sentiment surrounding UK assets.

EUR/USD is currently trading around 1.1630 as traders anticipate the Federal Reserve's expected 25 basis points rate cut to a range of 3.75% to 4.00%. Meanwhile, the European Central Bank is expected to maintain its rates at 3.75%.

The EUR/USD currency pair is currently experiencing modest gains but is encountering significant resistance around the 1.17 level and the 50-day exponential moving average. Upcoming decisions from the Federal Reserve and the European Central Bank are expected to introduce considerable volatility to the market.

The Pound to US Dollar (GBP/USD) exchange rate continued to decline on Wednesday following the Federal Reserve's anticipated 25 basis points rate cut.

EUR/USD ended its winning streak on Wednesday, experiencing a significant pullback to the 1.1580–1.1570 range, marking its lowest point in two weeks.

Goldman Sachs has upgraded its economic growth forecast for Germany in 2025, attributing the revision to anticipated increases in military and infrastructure spending.

The EUR/USD pair is currently trading at approximately 1.1630, having retreated from an earlier high of 1.1668. Although the pair is experiencing minimal movement, it has achieved a higher daily high.

The Euro to Pound (EUR/GBP) exchange rate increased to 0.8785, marking a rise of 0.58%. This is the highest level reached since 2023, attributed to the weakening of the pound in anticipation of the UK's November 26 events.

The euro reached new highs against the yen on Monday, fueled by strong risk appetite and expectations surrounding central bank actions, which are driving the upward trend in the EUR/JPY exchange rate.

The EUR/USD pair is holding steady above the 1.1650 mark, achieving its fifth consecutive gain. This upward movement is driven by expectations of a Federal Reserve rate cut and positive sentiments surrounding the trade deal between Trump and Xi. Key resistance levels are being monitored closely.

The EUR/USD exchange rate is experiencing a slight increase as investors anticipate the upcoming European Central Bank (ECB) and Federal Open Market Committee (FOMC) meetings this week. Meanwhile, oil prices are declining due to expectations of another output increase by OPEC+.

The US dollar showed slight weakness during the early Tuesday session as traders anticipate the upcoming FOMC interest rate decision and the Bank of Canada's announcements.

EUR/JPY has ended its five-day winning streak, currently trading at approximately 177.20 during the European session on Tuesday. Technical analysis of the daily chart suggests that the currency pair is targeting the 177.00 support level, positioned near the nine-day EMA.