After touching its weakest level since early August at 1.0900 on Thursday, EUR/USD staged a rebound and closed the day unchanged.
EUR/USD recovers modestly after testing 1.0900 on Thursday. The technical outlook points to a loss of bearish momentum. The US economic calendar will feature producer inflation data for September. The pair edges higher and trades at around 1.0950 in the European session on Friday. Euro PRICE This week The table below shows the percentage change of Euro against listed major currencies this week. Euro was the weakest against the Swiss Franc. USD EUR GBP JPY CAD AUD NZD CHF USD 0.20% 0.32% 0.00% 1.
Euro FAQs What is the Euro? The Euro is the currency for the 19 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 .
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