Analysis

The EUR/GBP cross remains on the defensive around 0.8310 on Friday during the early European trading hours.

The EUR/USD pair plunges to near 1.0780 amid the renewed US Dollar (USD) demand on Friday during the Asian trading hours. Also, Donald Trump’s proposals to raise tariffs weigh on the Euro (EUR) against the Greenback.

The EUR/GBP cross extends its downside to near 0.8315 on Tuesday during the early European session.

EUR/USD holds ground after depreciating around 2% in the previous session, trading near 1.0740 during the Asian session on Thursday. The downside risk for the EUR/USD pair seems possible as the US Dollar may receive support from Trump trades following the victory of Republicans in the US election.

EUR/USD plummeted during the midweek market session, falling over 1.75% into the red and tumbling back below 1.0750 for the first time since July.

Republican clean sweep makes it significantly easier to implement full policy agenda, ABN AMRO’s economists note.

The EUR/USD pair comes under intense selling pressure on Wednesday and dives to its lowest level since early July, around the 1.0720-1.0715 region during the Asian session.

EUR/USD benefited from a broad-market decline in the US Dollar as global markets brace for early polling outcomes from the US presidential election that kicked off on Tuesday.

The EUR/USD pair remains firmer near 1.0880 during the early European session on Tuesday.

The EUR/JPY cross attracts some buyers to near 165.75 during the early European session on Tuesday.

The EUR/USD pair trades with mild gains near 1.0880 during the early Asian session on Tuesday.

EUR/USD jumps around the key resistance of 1.0900 in Monday’s European session.

EUR/USD has drifted a little lower over the course of the session so far, Scotiabank’s Chief FX Strategist Shaun Osborne notes.

EUR/USD halts its four-day winning streak, trading around 1.0870 during the Asian session on Friday.

EUR/GBP inches lower after two days of gains, trading around 0.8430 during the early European hours on Friday.

EUR/GBP trades slightly lower during early European hours on Thursday near 0.8360, following strong gains in the previous session.

European Central Bank (ECB) President Christine Lagarde said that the rate cuts will continue, but it will be determined by underlying economic data in the coming months, per Le Monde. 

The EUR/USD pair meets with some supply during the Asian session on Thursday and erodes a part of the previous day's gains to the 1.0870 area, or a one-and-half-week top.

The EUR/USD pair attracts some buyers to near 1.0855 during the early Asian session on Thursday.

EUR/USD loses ground after two days of gains, trading around 1.0810 during the Asian hours on Wednesday. The Euro receives downward pressure as the European Central Bank (ECB) is widely anticipated to reduce its Deposit Facility Rate once again.