EUR/USD

UBS recommends long EUR/USD trade after Fed rate hike

UBS is recommending investors go long on EUR/USD at current levels around 1.1475, setting a target of 1.17 with a stop-loss at 1.13, citing central bank dynamics as the primary rationale for the trade.

Euro climbs above 1.15 on strong growth, Fed hold

The euro surged past the 1.15 level against the dollar on Thursday, as a combination of stronger-than-expected eurozone economic growth and renewed weakness in the greenback following the Federal Reserve's decision to hold interest rates steady fueled broad demand for…

Euro bounces as oil drops sharply on U.S.-Iran pause

The euro bounced back against the dollar on Monday after oil prices dropped sharply in response to a pause in U.S.-Iran hostilities, but analysts warn the single currency's recovery remains fragile amid persistently elevated European energy costs.

EUR/USD slides to 1.1400 as Iran oil shock boosts dollar

EUR/USD slid to the critical 1.1400 support level on Wednesday as the collapse of the U.S.-Iran ceasefire sent oil prices surging and reinforced the dollar's yield advantage over the euro, leaving traders watching for a decisive break lower.