Euro struggles against US Dollar as hawkish Fed outlook weighs
EUR/USD starts new week under pressure as Fed hawkishness weighs on Euro
Euro: Holds below 1.15 against US Dollar as yields rise - Danske Bank
EUR/USD hits a key juncture – Recovery or next bearish leg
Looking at the 4-hour chart, the pair settled below 1.1500, the 100 simple moving average (red, 4-hour), and the 200 simple moving average (green, 4-hour). A low was formed at 1.1455, and the pair started a consolidation phase.
A near-1% weekly fall leaves the Euro exposed to further Dollar gains, although both banks see ECB tightening limiting the decline. The Euro to US Dollar exchange rate (EUR/USD) finished Friday near 1.1486, almost 1% lower over the week, with ING warning of a possible test of 1.1400.
It remains a USD/JPY world in the FX market as the crowded carry trade didn't get that shock of concern that Scott Bessent had hinted at a couple of weeks ago. While the BoJ did hike rates, they didn't catch anyone by surprise.
Euro heads for weekly loss against US Dollar on hawkish Fed outlook
The Euro managed to hit the of target 1.1460-80. As we see over the previous chart, the Euro tested the support zone while still holding above it where a rebound towards 1.1570 is likely.
EUR/USD Price Forecast: Fresh downside likely if sustain below 1.1455
EUR/USD is on the rise for a second day after the Fed's first interest rate increase in three years. We discuss the risk and opportunities
EUR/USD price outlook: Euro/US Dollar tests 0.786 Arc – Awaiting directional confirmation