EUR/USD stays in a consolidation phase at around 1.0700 early Wednesday after closing in positive territory on Tuesday.
EUR/USD edged lower to the 1.0700 area in the European morning on Wednesday. The near-term technical outlook remains slightly bullish. US economic docket will feature Durable Goods Orders data for March. Euro price this week The table below shows the percentage change of Euro against listed major currencies this week. Euro was the strongest against the Swiss Franc. USD EUR GBP CAD AUD JPY NZD CHF USD -0.24% -0.44% -0.44% -1.23% 0.16% -0.62% 0.35% EUR 0.24% -0.18% -0.20% -0.98% 0.40% -0.35% 0.
Euro FAQs What is the Euro? The Euro is the currency for the 20 European Union countries that belong to the Eurozone. It is the second most heavily traded currency in the world behind the US Dollar. In 2022, it accounted for 31% of all foreign exchange transactions, with an average daily turnover of over $2.2 trillion a day. EUR/USD is the most heavily traded currency pair in the world, accounting for an estimated 30% off all transactions, followed by EUR/JPY , EUR/GBP and EUR/AUD .
Currencies Majors Technical Analysis
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
EUR/USD Forecast: Euro stays between key technical levels ahead of Easter holidayEUR/USD came under modest bearish pressure and declined toward 1.0800 in the early European session on Thursday.
Read more »
EUR/USD Forecast: Euro could face next resistance at 1.0860EUR/USD fluctuates at around 1.0850 in the early European session on Tuesday after closing in positive territory on Monday.
Read more »
EUR/USD Forecast: Euro shows signs of life after PMI dataEUR/USD gained traction and turned positive on the day above 1.0650 in the early European session.
Read more »
EUR/USD Forecast: Euro could stretch higher on improving risk sentimentEUR/USD moves sideways at around 1.0650 to begin the new week.
Read more »
Euro Weekly Forecast: Geopolitics and Heavyweight US Data Will Run EUR/USD Next WeekThe European Central Bank has made it clear that interest rates are coming down, with the June meeting very much a live event, but the Middle East crisis and a slew of high US data will control EUR/USD next week.
Read more »
EUR/USD Forecast: Geopolitical uncertainy could cap Euro's reboundEUR/USD declined toward 1.0600 in the early Asian session on Friday but managed to recover to the 1.0650 area.
Read more »