After closing marginally lower on Tuesday, EUR/USD holds steady near 1.1050 during the European trading hours on Wednesday.
Euro holds steady at around 1.1050 in the European session on Wednesday. The US economic calendar will feature JOLTS Job Openings data. The pair's near-term technical outlook remain bearish midweek. The pair's technical outlook suggests that the bearish bias remains intact. 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 Japanese Yen. USD EUR GBP JPY CAD AUD NZD CHF USD -0.03% 0.07% -0.
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 .
Currencies Majors Technical Analysis
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
EUR/USD Forecast: Euro rally could lose steam on risk-aversionAfter gaining more than 1% on Monday, EUR/USD extended its rally early Monday and reached its highest level since March near 1.0970.
Read more »
EUR/USD Forecast: Euro correction could continue if 1.0900 failsAfter climbing above 1.1000 for the first time since early January on Monday, EUR/USD erased a portion of its gains but managed to close the day in positive territory.
Read more »
EUR/USD Forecast: Euro stabilizes above key technical levelEUR/USD closed in negative territory on Tuesday but managed to stabilize above 1.0900.
Read more »
EUR/USD Forecast: Euro stabilizes above 1.0900, discouraging sellersFollowing the highly volatile action seen earlier in the week, EUR/USD fluctuated in a tight channel on Wednesday and closed the day virtually unchanged.
Read more »
EUR/USD Forecast: Euro defines near-term range before next breakoutEUR/USD closed the second consecutive day virtually unchanged on Thursday.
Read more »
EUR/USD Forecast: Euro remains in range as markets await next catalystEUR/USD continues to move up and down in a narrow range above 1.0900 after closing the previous week virtually unchanged.
Read more »