Euro fell in European trade on Friday against a basket of major rivals, sharpening losses for the third straight session against the dollar and plumbing a five-month trough, while losing the $1.07 barrier for the first time since November 2023 amid concerns about the interest rate gap with the US. The European Central Bank maintained interest rates unchanged at record...

Most Read: Euro’s Outlook Turns Bearish After ECB Decision, Setups on EUR/USD, EUR/GBP The euro suffered a major setback this week, primarily against the U.S. dollar, though it also lost some ground against the British pound. The European Central Bank's dovish stance during its April meeting laid the groundwork for the common currency's downturn, which was further exacerbated by heightened...

Euro (EUR/USD) Analysis ECB Governing Council explicitly addresses the possibility of a rate cutRobust US data likely to keep the Fed on hold for longerEUR/USD plummets – on track for largest drop in 18 monthsEnhance your trading edge by getting your hands on the Euro Q2 outlook today for exclusive insights into key market catalysts that should be on every...

Most Read: British Pound Outlook Sentiment Analysis - GBP/USD, GBP/JPY, EUR/GBP The euro weakened against the U.S. dollar and British pound on Thursday after the European Central Bank embraced a dovish posture during its April meeting. When it was all said and done, EUR/USD dropped by 0.2%, closing the session at 1.0725. EUR/GBP also retreated, falling 0.3% and breaching its...