After posting strong gains in the previous week, EUR/USD opened lower to start the new week.
EUR/USD rose above 1.0900 after opening lower on Monday. Rising US stock index futures point to a positive shift in risk sentiment. Fed Chairman Powell will deliver a speech later in the day. The pair, however, managed to recover back above the key 1.0900 level during the European trading hours, erasing the bearish opening gap. Euro PRICE Last 7 days The table below shows the percentage change of Euro against listed major currencies last 7 days.
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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