EUR/USD came under modest bearish pressure and declined toward 1.0800 in the early European session on Thursday.
EUR/USD edged lower toward 1.0800 in the early European session on Thursday. The cautious market mood helps the USD hold its ground ahead of data releases. Fed Governor Christopher Waller said that they are in no rush to cut the policy rate. The near-term technical outlook suggests that the bearish bias stays intact but the pair's action could remain subdued heading into the Easter holiday.
0840 before 1.0860 and 1.0885 . 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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