EUR to USD Exchange Rate

Upcoming Events for EUR and USD

		Event	Prev.	Cons.
1h 0m Low	EUR	Industrial Production YoY (Apr)	-3.4%	-4.1%
1h 0m Low	EUR	Industrial Production MoM (Apr)	3.2%	-2.2%
2h 15m Med	EUR	HCOB Composite PMI (May)	50.5	51
2h 15m High	EUR	HCOB Manufacturing PMI (May)	45.3	45.8
2h 15m High	EUR	HCOB Services PMI (May)	51.3	51.7
2h 30m High	EUR	HCOB Services PMI (May)	53.2	53.5
2h 30m High	EUR	HCOB Manufacturing PMI (May)	42.5	43.1
2h 30m Med	EUR	HCOB Composite PMI (May)	50.6	51
3h 0m High	EUR	HCOB Services PMI (May)	53.3	53.5
3h 0m Med	EUR	HCOB Composite PMI (May)	51.7	52

FRB and ECB Interest Rates

Country	Central Bank	Current Rate	Previous Rate	Next Meeting
United States	Federal Reserve	5.5%	5.5%	20 days
Euro Area	European Central Bank	4.5%	4.5%	14 days

With recent data not increasing confidence inflation is moving sustainably toward 2 percent, the minutes of the latest Federal Reserve meeting suggest officials expect to maintain interest rates at current levels longer than previously thought.

RTTNews | 14h 33min ago

U.S. Dollar Appreciates Ahead Of Fed Minutes

The U.S. dollar was higher against its major counterparts in the New York session on Wednesday, as investors awaited minutes of the U.S. Federal Reserve's latest policy meeting for clues on the timing of the first cut.

RTTNews | 15h 48min ago

U.S. Existing Home Sales Unexpectedly Extend Pullback In April

Existing home sales in the U.S. unexpectedly saw further downside in the month of April, according to a report released by the National Association of Realtors on Wednesday. NAR said existing home sales slumped by 1.9 percent to an annual rate of 4.14 million in April after tumbling by 3.7 percent to a revised rate of 4.22 million in March.

RTTNews | 18h 37min ago

Mortgage Applications Jumped 1.9% Last Week As Mortgage Rates Decline

With the 30-year fixed mortgage rate decreasing for the third straight week, the Mortgage Bankers Association released a report on Wednesday showing a notable increase in mortgage applications in the week ended May 17th.

RTTNews | 19h 27min ago

Analysis for EURUSD

DXY Edges Higher on Fed Speak, JPY Weakens Past 156

Remarks from Federal Reserve Governor Waller that interest rate cuts are probably several months away lifted the Dollar Index (DXY) to 104.65 from 104.50 previously.

ACY Securities | 22h 34min ago

Low Volatility and Central Bank Policies Highlight EUR/USD Trends

Global currency markets have seen very limited action today, primarily because there have been no major data releases on the schedule, and uncertainty about central bank policy divergence remains in play.

ACY Securities | 22h 35min ago

Dollar Dilemma: FOMC Caution

The US Dollar remained subdued as investors awaited the FOMC meeting minutes, with Federal Reserve officials emphasising the need for more evidence of easing inflation before considering rate cuts. This cautious stance has kept the dollar in check, influencing other markets as well.

PU Prime | 1 day ago

Forex Market Report - 22nd May 2024

This daily Forex Market Report offers an overview of critical economic and financial events that impact the global forex markets. Traders should closely monitor developments to fine-tune their trading strategies accordingly.

DNA Markets | 1 day ago