Thursday, June 30, 2022
  • Contact Us
  • Terms of Use
  • Privacy Policy
  • Cookie Privacy Policy
  • DMCA
Daily Market Business News
  • LatestToday
  • Small Business
  • MarketsDaily
  • Politics
  • Companies
  • World
  • Jobs
  • FinanceNow
  • industry
  • Economy
  • ForexDaily
  • LatestToday
  • Small Business
  • MarketsDaily
  • Politics
  • Companies
  • World
  • Jobs
  • FinanceNow
  • industry
  • Economy
  • ForexDaily
No Result
View All Result
Daily Market Business News
Home Forex

EURUSD trading above and below 1.1400 as traders ponder what next after the

February 11, 2022
Reading Time: 3 mins read
EURUSD trading above and below 1.1400 as traders ponder what next after the


EURUSD

EURUSD traders ponder the next move

The
 
 EURUSD 
EUR/USD
The EUR/USD is the currency pair encompassing the European Union’s single currency, the euro (symbol €, code EUR), and the dollar of the United States (symbol $, code USD). The pair’s rate indicates how many euros are needed in order to purchase one dollar. For example, when the EUR/USD is trading at 1.2, it means 1 euro is equivalent to 1.2 dollars.  Why the EUR/USD is the Most Popular Trading PairCompared to all tradable currencies, the euro (EUR) is the world’s second most traded currency, behind only the US dollar. This currency pair is the most traded and liquid currency pair on the market.As the most popular trading pair, the EUR/USD is a staple of every brokerage offering and often has some of the lowest spreads relative to other pairs. Ultimately, the currency follows the two most economic blocs in the world and sees the most volume for this reason.The EUR/USD has a wide range of factors that influence its rates. From the EUR side, economic data in the Eurozone as well as internal factors in the bloc can easily impact rates. Even small member states can effectively weigh on the EUR, as seen in Greece during bailout talks in the 2010s. Alternatively, developments in the United States and the Federal Reserve commonly affect the EUR/USD. Many examples include the bailouts during the Financial crisis, tax cuts during the Trump Administration, and Covid-19 relief measures, among others.
The EUR/USD is the currency pair encompassing the European Union’s single currency, the euro (symbol €, code EUR), and the dollar of the United States (symbol $, code USD). The pair’s rate indicates how many euros are needed in order to purchase one dollar. For example, when the EUR/USD is trading at 1.2, it means 1 euro is equivalent to 1.2 dollars.  Why the EUR/USD is the Most Popular Trading PairCompared to all tradable currencies, the euro (EUR) is the world’s second most traded currency, behind only the US dollar. This currency pair is the most traded and liquid currency pair on the market.As the most popular trading pair, the EUR/USD is a staple of every brokerage offering and often has some of the lowest spreads relative to other pairs. Ultimately, the currency follows the two most economic blocs in the world and sees the most volume for this reason.The EUR/USD has a wide range of factors that influence its rates. From the EUR side, economic data in the Eurozone as well as internal factors in the bloc can easily impact rates. Even small member states can effectively weigh on the EUR, as seen in Greece during bailout talks in the 2010s. Alternatively, developments in the United States and the Federal Reserve commonly affect the EUR/USD. Many examples include the bailouts during the Financial crisis,…



Read More: EURUSD trading above and below 1.1400 as traders ponder what next after the

Tags: EURUSDponderTraderstrading
ShareTweetPin
Previous Post

Chesterfield mall leases space ahead of temporary redevelopment

 Next Post

A Harvard-trained economist shares the surprising benefits of marriage

Related Posts

Leveraged DeFi Coming to Fantom – Will This Turn FTM Bullish?

by MARKET OF BUSINESS
February 13, 2022
0

Fantom has become a very interesting blockchain, as it expands in the DeFi (decentralized finance) space within the crypto...

Experts paint grip picture of what could happen if CBN stops sale of forex

Experts paint grip picture of what could happen if CBN stops sale of forex

by MARKET OF BUSINESS
February 13, 2022
0

A recent comment by the Governor of the Central Bank of Nigeria, Godwin Emefiele, caused sparked a shock in...

US CFOs report supply chain and currency FX volatility

US CFOs report supply chain and currency FX volatility

by MARKET OF BUSINESS
February 12, 2022
0

Kyriba’s Currency Impact Report (CIR), a quarterly report looking at foreign exchange (FX) exposures among 1,200 multinational companies based...

Dow Jones Retreats as Sentiment Sours, Will Hang Seng Index Follow?

Hang Seng Index May Embrace a Rebound After a Prolonged Consolidation

by MARKET OF BUSINESS
February 11, 2022
0

HANG SENG INDEX OUTLOOK: BULLISHThe HSI underperformed global peers amid a technology crackdown and a slowing economyEasing property rules...

GBP/USD Tests Support At 1.3530

GBP/USD Tests Support At 1.3530

by MARKET OF BUSINESS
February 10, 2022
0

U.S. Dollar Is Mostly Flat Against British Pound GBP/USD is currently trying to settle below the support at the...

Russell 2000 may continue to underperform

Russell 2000 may continue to underperform

by MARKET OF BUSINESS
February 9, 2022
0

Out of the 4 major US Indices (SPX 500, Nasdaq 100, DJIA, Russell 2000), the Russell 2000 performed the...

Next Post

A Harvard-trained economist shares the surprising benefits of marriage

0 0 votes
Article Rating
Subscribe
Login
Notify of
guest
guest
0 Comments
Inline Feedbacks
View all comments

Trend Today

JPS students get crash course in entertainment industry

JPS students get crash course in entertainment industry

February 14, 2022
Boris Johnson latest news: PM ‘can win next election’ as Starmer receives

Boris Johnson latest news: PM ‘can win next election’ as Starmer receives

February 13, 2022
Biden tells Zelenskyy U.S. will respond ‘swiftly and decisively’ if Russia

Biden tells Zelenskyy U.S. will respond ‘swiftly and decisively’ if Russia

February 13, 2022
U.S. efforts on pandemic, economy: Things are a bit better, but not yet

U.S. efforts on pandemic, economy: Things are a bit better, but not yet

February 13, 2022

Most Common Money Lies in Relationships

February 13, 2022

Leveraged DeFi Coming to Fantom – Will This Turn FTM Bullish?

February 13, 2022
ADVERTISEMENT

Latest News

Lawyer Kicked Off BA Flight Because Nanny ‘Not Seated in Business Class’

Lawyer Kicked Off BA Flight Because Nanny ‘Not Seated in Business Class’

February 13, 2022
Making ‘Dinobabies’ Extinct: IBM’s Push for a Younger Work Force

Making ‘Dinobabies’ Extinct: IBM’s Push for a Younger Work Force

February 12, 2022
Walmart ends mask mandate for vaccinated employees

Walmart ends mask mandate for vaccinated employees

February 12, 2022
A ‘firestorm’ of hawkish Fed speculation erupts following strong U.S.

A ‘firestorm’ of hawkish Fed speculation erupts following strong U.S.

February 11, 2022

Economy

U.S. efforts on pandemic, economy: Things are a bit better, but not yet

U.S. efforts on pandemic, economy: Things are a bit better, but not yet

February 13, 2022
US Exporting Every Molecule of LNG Possible – gcaptain.com

US Exporting Every Molecule of LNG Possible – gcaptain.com

February 13, 2022
Art Laffer: I don’t see any hope for inflation coming down substantially –

Art Laffer: I don’t see any hope for inflation coming down substantially –

February 12, 2022

Oil jumps amid escalating tensions between Russia and Ukraine

February 11, 2022

Finance

Most Common Money Lies in Relationships

February 13, 2022
Why the Fed overstimulated the economy

Why the Fed overstimulated the economy

March 24, 2022
6 Stocks for a 2022 of Higher Interest Rates and Slower Earnings Growth

6 Stocks for a 2022 of Higher Interest Rates and Slower Earnings Growth

February 12, 2022

A Harvard-trained economist shares the surprising benefits of marriage

February 11, 2022

Forex

Leveraged DeFi Coming to Fantom – Will This Turn FTM Bullish?

February 13, 2022
Experts paint grip picture of what could happen if CBN stops sale of forex

Experts paint grip picture of what could happen if CBN stops sale of forex

February 13, 2022
US CFOs report supply chain and currency FX volatility

US CFOs report supply chain and currency FX volatility

February 12, 2022
EURUSD trading above and below 1.1400 as traders ponder what next after the

EURUSD trading above and below 1.1400 as traders ponder what next after the

February 11, 2022

© 2020 Marketofbusiness.com

  • Contact Us
  • Terms of Use
  • Privacy Policy
  • Cookie Privacy Policy
  • DMCA
No Result
View All Result
  • Latest
  • Small Business
  • Markets
  • Politics
  • Companies
  • World
  • Jobs
  • Finance
  • industry
  • Economy
  • Forex

© 2020 Marketofbusiness.com

Get more stuff like this
in your inbox

Subscribe to our mailing list and get interesting stuff and updates to your email inbox.

Thank you for subscribing.

Something went wrong.

We respect your privacy and take protecting it seriously

wpDiscuz