EUR/USD lost more than 1% for the third consecutive week but opened with a bullish gap on Monday.
EUR/USD opened higher after closing the previous week deep in the red. The technical outlook is yet to point to a buildup of bullish momentum. Improving risk mood could help the pair stretch higher. The pair, however, retreatsslightly after testing 1.0500 and the technical outlook shows a lack of bullish momentum. Euro PRICE Today The table below shows the percentage change of Euro against listed major currencies today. Euro was the strongest against the US Dollar.
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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