After rising above 1.1150 for the first time in a week in the early American session on Friday, EUR/USD reversed its direction and closed the day below 1.1100.
EUR/USD trades in negative territory below 1.1100 on Monday. The technical outlook points to a buildup of bearish momentum. The US Dollar preserves its strength despite disappointing jobs data. The pair struggles to find a foothold early Monday and declines toward 1.1050. Euro PRICE Last 7 days The table below shows the percentage change of Euro against listed major currencies last 7 days. Euro was the weakest against the Japanese Yen. USD EUR GBP JPY CAD AUD NZD CHF USD -0.10% 0.17% -2.08% 0.
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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