EUR/USD closed the second consecutive day virtually unchanged on Thursday.
EUR/USDextends sideways grind above 1.0900 on Friday. Euro needs to break out of 1.0900-1.0940 range to determine next direction. The economic calendar will not feature any high-impact data releases. The pair continues to fluctuate in a tight channel above 1.0900 early Friday as investors await the next catalyst. 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.
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 .
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