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EUR USD Overview: Price, News and How to Trade IG International

Posted on March 24th, 2023

Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. You should familiarise yourself with these risks before trading on margin. Options and futures are complex instruments which come with a high risk of losing money rapidly due to leverage. Before you invest, you should consider whether you understand how options and futures work, the risks of trading these instruments and whether you can afford to lose more than your original investment. Use this to see how IG client accounts with positions on this market are trading other markets.

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• Despite this significant retreat, further downside potential remains as current levels still substantially exceed those observed in 2021.
• Use this to see how IG client accounts with positions on this market are trading other markets.
• Given China’s position as Australia’s predominant trading partner, Chinese economic conditions significantly influence AUD trajectories.
• However, considering the steep year-to-date appreciation, a consolidation phase may precede further advances.

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Our fundamental assessment indicates sustained yen appreciation potential, albeit with intermittent retracements. The forthcoming Euro Area Q1 GDP data and inflation flash estimates will provide critical insights into the currency pair’s directional bias. The US dollar has declined 8.4% year-to-date as investor confidence weakens and recession concerns mount, creating trading opportunities in major currency pairs. Open a free, no-risk demo account to stay on top of index movement and important events.

The information in this site does not contain (and should not be construed as containing) investment advice or an investment recommendation, or an offer of or solicitation for transaction in any financial instrument. The percentage of IG client accounts with positions in this market that are currently long or short. Who would have thought that within a matter of weeks US stock indices would be trading back in positive territory for the year? The Dow Jones Industrial Average is  closely following suit but the small cap Russell 2000 still lags behind, trading around 5% lower when compared to the beginning of the year. You could say that the euro and the US dollar are safe currencies, because both have traditionally been viewed as ‘safe havens’.

The same happened when Trump won the US elections later that year. The uncertainty surrounding the final Brexit deal continues to affect euro pricing, with Britain expected to leave the EU in October 2019. A ‘hard Brexit’ (no deal) is likely to have a negative impact on the euro, whereas a ‘soft Brexit’ (in which the UK and EU maintain close ties) could limit the impact or even strengthen fxcm review the euro. The US dollar has experienced a pronounced depreciation recently. The dollar index (DXY) is poised to record its weakest monthly performance since November 2022, declining 8.4% year-to-date against a basket of major currencies. Despite this significant retreat, further downside potential remains as current levels still substantially exceed those observed in 2021.

Data is calculated to the nearest 1%, and updated automatically every 15 minutes. The Australian dollar encountered considerable downward pressure in early April amid tariff-induced market volatility. Given China’s position as Australia’s predominant trading partner, Chinese economic conditions significantly influence AUD trajectories. Substantive progress in US-China trade negotiations could catalyse further AUD/USD appreciation. Additionally, recent consumer price index (CPI) data indicates a 0.9% increase in the first quarter of 2025, up from the previous quarter’s 0.2%.

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• Open a live account to get data on your trading with our Trade Analytics tool.
• Market consensus indicates expectations for an additional two to three rate reductions before year-end.
• These include the RSI indicator strategy, momentum indicator strategy and breakout trading strategy.
• Open a free, no-risk demo account to stay on top of market movement and important events.

On a 12-month basis, CPI rose 2.4%, slightly higher than market expectations. The euro has demonstrated exceptional performance, appreciating 5.5% against the US dollar in the previous month. As confidence in US assets wanes, the euro — the second largest global reserve currency — has attracted significant capital flows. European equities have similarly gained momentum as global investors pursue portfolio diversification strategies. Proposed fiscal expansions in infrastructure and defence have enhanced Euro area growth projections. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

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We advise you to carefully consider whether trading is appropriate for you based upon your personal circumstances as you may lose more than you invest. The information presented does not take into account your particular investment objectives, financial situation and/or needs and is not a substitute for obtaining professional advice from a qualified person, firm, or corporation, where required. You are advised to perform an independent investigation of any transaction you intend to execute in order to ensure that transaction is suitable for you.

Information presented by tastyfx should not be construed nor interpreted as financial advice. This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information.

CFDs are complex financial instruments and come with a high risk of losing money rapidly due to leverage. The value of shares, ETFs and other ETPs bought through a share dealing account, a US options and futures account, a stocks and shares ISA or a SIPP can fall as well as rise, which could mean getting back less than you originally put in. Some ETPs carry additional risks depending on how they’re structured, investors should ensure they familiarise themselves with the differences before investing. You can profit from trading EUR/USD if you trade the currency pair via spread bets or CFDs. If you think that EUR is going to increase against USD, you would buy the pair (go long). If you think that the euro will decrease in value against the US dollar, you would sell the pair (go short).

Slight Bounce by the Dollar Despite Weaker GDP

SPONSORED Discover the top brokers for trading EUR/USD in 2025. Our list features brokers with competitive spreads, fast execution, and powerful platforms. Whether you’re a beginner or an expert, find the right partner to navigate the dynamic Forex market. Markets roared back to life as the US and China hit pause on their escalating trade war, with both sides emphasizing mutual respect and dignity. But it wasn’t the fine print that moved markets—it was the mood shift. Investors rushed back into risk assets, betting that the worst might be behind us.

Explore current forex opportunities as USD volatility compresses, learn to leverage standard deviations for strategic trading, and discover why AUD/USD might outshine USD/JPY in today’s market conditions. Get live forex price data on 80+ markets whenever the market is open, and research 30+ years of historical data. EUR/USD is referred to as ‘euro-dollar’ because it’s the pairing of the euro – the currency of 19 European countries – and the US dollar. EUR is the currency code for the euro and USD is the currency code for the US dollar.

Our research team runs forex correlations and case studies on everything from inflation to crude oil. Open a live account to get data on your trading with our Trade Analytics tool. Please bear with us as we address this and restore your personalized lists. IG International Limited is part of the IG Group and its ultimate parent company is IG Group Holdings Plc. IG International Limited receives services from other members of the IG Group including IG Markets Limited. IG International Limited is licensed to conduct investment business and digital asset business by the Bermuda Monetary Authority.

IG Group established in London in 1974, and is a constituent of the FTSE 250 index. 1 Based on revenue (excluding FX), published financial statements, February 2024. If your aggregate position is larger than Tier 1, your margin requirement will not be reduced by non-guaranteed stops. octafx review Discover why so many clients choose us, and what makes us a world-leading provider of CFDs. “Both the Nasdaq 100 and the S&P 500 are trading back in positive territory for the year as US inflation unexpectedly slows and China lowers tariffs on US goods”, says Axel Rudolph, Senior Technical Analyst at online trading platform IG. To hide/show event marks, right click anywhere on the chart, and select “Hide Marks On Bars”.