Euro: Limited upside against US Dollar within neutral band – UOB
The Euro to Dollar (EUR/USD) exchange rate traded at 1.1643 on UK Bank Holiday Monday, stabilising after slipping from May highs near 1.18. Despite the recent pullback, the pair remains more than 2.5% above its September 2025 lows and has broadly held within a 1.15-1.20 range for much of the past year.
EUR/USD Price Forecast: Near-term tone remains bearish as 20-day EMA slopes downwards
The trading week begins with EUR/USD showing signs of short-term strength, posting a gain of more than 0.4% during the first session. This move has started to suggest a new short-term bullish bias, mainly driven by progress in Middle East negotiations and the decline in US bond yields.
Euro rallies as Iran ceasefire hopes crush the US Dollar
EUR/USD began the week around 1.1600. The main currency pair closed last week virtually unchanged.
Euro: Downside risks against US Dollar towards 1.1400 support – BBH
Euro: Neutral range consolidation versus US Dollar – UOB
Euro holds early gains against US Dollar amid US-Iran deal hopes
Looking at the 4-hour chart, the pair traded as low as 1.1576 and recently started a recovery wave. The pair climbed above the 23.6% Fib retracement level of the downward move from the 1.1787 swing high to the 1.1576 low.
EUR/USD Price Forecast: Trades near 1.1650 as bulls look to extends gains above 23.6% Fibo.
The Euro to Dollar (EUR/USD) exchange rate was unable to break above 1.18 in the first week of May and has steadily lost ground with a retreat to below the 1.16 level amid wider gains for the US currency. Latest — Exchange Rates:Euro to Dollar (EUR/USD): 1.1603Pound to Dollar (GBP/USD): 1.34359Dollar to Yen (USD/JPY):.