EUR/USD trades in positive territory slightly above 1.0750 after posting small gains on Tuesday.
EUR/USD clings to modest daily gains above 1.0750 on Wednesday. The pair could face strong resistance at 1.0790-1.0800. ADP Employment Change and the ISM Services PMI from the US will be featured in the economic calendar. The technical outlook points to a buildup of bullish momentum but the pair could struggle to clear the 1.0790-1.0800 area unless the move up is fuelled by a fundamental driver.
0700 and 1.0670 . Euro FAQs What is the Euro? The Euro is the currency for the 20 European Union countries that belong to the Eurozone. It is the second most heavily traded currency in the world behind the US Dollar. In 2022, it accounted for 31% of all foreign exchange transactions, with an average daily turnover of over $2.2 trillion a day.
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