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EURUSD - EUR/USD, GBP/USD, DXY Price Forecast: DXY Nears $105; Eyes on US NFP Report

04-07-2024 00:23

UK Parliamentary Elections and Construction PMI reports will influence GBP/USD. ECB President Lagarde’s speech will impact EUR/USD market movements. The Dollar Index is trading at $105.274, up 0.01%.

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EUR/USD, GBP/USD recover while EUR/GBP slips ahead of UK election

​​​​EUR/USD, GBP/USD recover while EUR/GBP slips ahead of Thursday’s UK election. ​​ EUR/USD is once again trying to reach its 55-day simple moving average (SMA) at $1.0768 and last week's high at ...

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EUR/USD Forecast: Next stop comes at 1.0900

Further upside could see EUR/USD revisit the July high of 1.0816 (July 3), before the weekly top of 1.0852 (June 12) and the June peak of 1.0916 (June 4). The breakout of this level might bring the ...

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EUR/USD Forecast: Bulls take control and aim to reconquer 1.0800

S&P Global will later release the June US Services and Composite PMIs, while the country will publish the official ISM Services PMI for the same month. Later in the American afternoon, the Federal ...

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EUR/USD Forecast – Euro Continues to See Noisy Action

The euro continues to look very noisy at best, as we continue to bounce around between big figures in this pair. At this point, it’s difficult to get overly aggressive in either direction. The Euro ...

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