EUR/USD tried to stretch for a fourth straight day of gains, but markets are drawing into the middle ahead of Friday's key US Nonfarm Payrolls (NFP) print.
The Euro saw a sharp rejection from the 1.0850 level on Thursday, ending Fiber's three-day win streak. EUR/USD has had a stellar week, climbing 4.6% bottom-to-top from Monday's opening bids.
Forex Today: The US Nonfarm Payrolls are coming!
FX markets have sharply rebalanced after rate cut expectations took a tumble this week.
According to rate markets, the European Central Bank (ECB) is broadly expected to only cut interest rates one more time in 2025 following Thursday's 25 bps rate trim.
With the Euro facing a much tighter interest rate differential than previously expected, EUR/USD took a hard step higher this week.
Markets remain hungry for more rate cuts to ease financing and borrowing costs, but still-sticky inflation in the EU (and now the US following a recent uptick in key inflation metrics) has hobbled central banks' ability to enact rate adjustments.
Source: FXStreet
The euro rebounded above $1.16, reaching its strongest level since mid-November, as investors adopted a cautious stance ahead of key Eurozone and US economic data that could influence interest rate ex...
The EUR/USD pair traded flat on Thursday, trading around 1.1596, as market liquidity thinned during the US Thanksgiving holiday. Despite the limited movement, pressure on the US dollar remained as exp...
EUR/USD posts moderate losses during the North American session on Friday as the US Dollar (USD) holds firm after the release of mixed economic data and dovish comments by Federal Reserve (Fed) offici...
The EUR/USD pair traded slightly around 1.1580 during Wednesday's Asian session, after three consecutive days of weakness. The main pressure came from the strengthening US dollar, as markets began to ...
The EUR/USD pair moved within a narrow range during the Asian session on Friday (November 14th). The pair appeared to be consolidating after a strong rally to a more than two-week high reached the pre...
European stocks edged higher, posting a second straight week of gains, as markets continued to assess the outlook for interest rates next year, the returns from a surge in AI capital spending, and the possibility of a ceasefire between Russia and...
Gold (XAU/USD) strengthened slightly on Friday (December 5th) as the latest US economic data reinforced expectations of a Federal Reserve interest rate cut next week. Steady PCE inflation and easing consumer inflation expectations kept the policy...
Oil prices rose as U.S. stocks continued their rally, extending a two-day rally, while investors assessed the prospects for a ceasefire in Ukraine and signs of a widening global surplus. West Texas Intermediate crude oil prices traded above $60...
Asia Pacific stock markets opened quietly on Wednesday morning, with investors awaiting the release of key economic data from the United States and...
Private businesses in the US cut 32K jobs in November 2025, following an upwardly revised 47K gain in October, and compared to forecasts of a 10K...
US President Donald Trump has hinted that Kevin Hassett, the current chairman of the National Economic Council, whom Donald Trump appointed to the...
A five-hour meeting between Russian President Vladimir Putin and Donald Trump's special envoy, Steve Witkoff, and his son-in-law Jared Kushner, in...