EUR/USD Price Forecast: Upbeat US Dollar stresses on major currency pair
Euro: Rebound capped by nearby resistance against US Dollar – UOB
The EUR/USD remains vulnerable below 1.1621 as USD strength still remains despite Monday's pullback move to the upside.
Euro: Modest rebound against US Dollar as yields rise – Danske Bank
Fed hike bets support the dollar as markets await JOLTS, ADP and NFP, while EUR/USD and GBP/USD remain pressured near key technical levels.
Euro: Limited downside, range defined against US Dollar – Scotiabank
Euro holds modest gains as US Dollar lacks momentum, Eurozone inflation in focus
EUR/USD kicked off Monday with an attempt to stabilise around 1.1587. Federal Reserve Chair Kevin Warsh returned support to the dollar with a hawkish performance at Jackson Hole.
The Euro hit a correction towards the target and support of 1.1570. As we see from the chart and as long as the market holds above this support, a rebound towards 1.1710 is likely.
EUR/USD near two-week low: Dollar regains favour with markets
Euro: Downside risk remains in focus against US Dollar – UOB
Euro recovers against US Dollar, German CPI accelerates