EUR/USD advances as ECB stability contrasts with US Dollar weakness
EUR/USD trades around 1.1740 on Monday at the time of writing, up 0.25% on the day.
  • The Euro strengthens against the US Dollar amid broad-based weakness in the US currency.
  • The European Central Bank’s message of monetary stability supports the single currency.
  • Political uncertainty and rate-cut expectations continue to weigh on the US Dollar.

EUR/USD trades around 1.1740 on Monday at the time of writing, up 0.25% on the day. The pair benefits from renewed interest in the Euro (EUR) in an environment marked by a weaker US Dollar (USD), as investors adjust their positioning amid ongoing macroeconomic and monetary uncertainty in the United States (US).

The current momentum is largely driven by persistent pressure on the Greenback. Markets remain concerned about a gradual slowdown in the US economy, as several recent indicators point to cooling conditions in the labor market. These signals reinforce expectations of monetary easing by the Federal Reserve, limiting the USD’s rebound potential. In addition, political and fiscal uncertainty in Washington continues to undermine investor confidence in the US Dollar.

On the European side, the Euro is supported by a more stable backdrop. The European Central Bank (ECB) maintains a wait-and-see stance after confirming a steady policy outlook last week. ECB President Christine Lagarde stated that monetary policy is in a “good place” and that interest rates are likely to remain unchanged for a prolonged period. This message of continuity, combined with slightly upgraded growth and inflation projections, improves market visibility and supports the single currency.

Several European Central Bank officials echoed this view earlier in the day, highlighting a more balanced assessment of risks to growth and inflation in the Eurozone, despite economic activity remaining subdued. This contrasts with the more uncertain US environment contributes to the upside bias in EUR/USD.

In the near term, investors remain focused on upcoming US macroeconomic releases, particularly growth and inflation data, which could influence Federal Reserve (Fed) policy expectations and, in turn, the direction of the US Dollar. For now, the relative clarity around European Central Bank policy compared with the Federal Reserve continues to favor the Euro against the US Dollar.

Euro Price Today

The table below shows the percentage change of Euro (EUR) against listed major currencies today. Euro was the strongest against the US Dollar.

USD EUR GBP JPY CAD AUD NZD CHF
USD -0.27% -0.44% -0.17% -0.23% -0.52% -0.51% -0.26%
EUR 0.27% -0.17% 0.09% 0.04% -0.25% -0.24% 0.02%
GBP 0.44% 0.17% 0.27% 0.21% -0.08% -0.07% 0.18%
JPY 0.17% -0.09% -0.27% -0.05% -0.33% -0.33% -0.07%
CAD 0.23% -0.04% -0.21% 0.05% -0.29% -0.29% -0.03%
AUD 0.52% 0.25% 0.08% 0.33% 0.29% 0.00% 0.26%
NZD 0.51% 0.24% 0.07% 0.33% 0.29% -0.01% 0.25%
CHF 0.26% -0.02% -0.18% 0.07% 0.03% -0.26% -0.25%

The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Euro from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent EUR (base)/USD (quote).

Higit sa isang milyong user ang umaasa sa FXStreet para sa real-time market data, charting tools, expert insights, at Forex news. Ang komprehensibong economic calendar at educational webinars nito ay tumutulong sa mga trader na manatiling may alam at gumawa ng kalkuladong mga desisyon. Sinusuportahan ang FXStreet ng humigit-kumulang 60 propesyonal sa pagitan ng Barcelona HQ at iba’t ibang rehiyon sa buong mundo.
Magbasa pa

LIVE QUOTES

Pangalan / Simbolo
Tsart
% Pagbabago / Presyo
GBPUSD
1 araw na pagbabago
+0%
0
EURUSD
1 araw na pagbabago
+0%
0
USDJPY
1 araw na pagbabago
+0%
0

LAHAT TUNGKOL SA FOREX

Galugarin ang Higit pang mga Tool
Trading Academy
Mag-browse ng malawakang hanay ng mga educational na artikulo na sumasaklaw sa mga trading strategy, market insights, at financial fundamentals, lahat sa isang lugar.
Matuto pa
Mga Kurso
Galugarin ang mga structured na trading course na idinisenyo upang suportahan ang inyong paglago sa bawat yugto ng inyong trading journey.
Matuto pa
Webinar
Sumali sa mga live at on-demand na webinar upang makakuha ng real-time na market insights at trading strategies mula sa mga eksperto sa industriya.
Matuto pa