EUR/USD is one of the most commonly traded pairs in the world. Read on to find top forex trading tips.
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EUR/USD is one of the most commonly traded pairs in the world. Read on to find top forex trading tips.
Get the latest mid-market rate for EUR (Euro) / USD (US Dollar) for today’s right here.
The latest rates for EUR (Euro) / USD (US Dollar) are available below. As a leading finance news site the team at Born2Invest collates and analyses the latest Forex Market data to bring you live information to help you make the right forex trading decisions.
Remember to always trade with a reputable broker. It’s also possible to apply forex concepts to cryptocurrency trading.
EUR/USD is one of the most commonly traded pairs in the world. It is typically impacted by economic factors that influence the euro or USD. Of particular note is the interest rate differential between the European Central Bank and the Federal Reserve.
When predicting the price of EUR/USD there are a number of important factors that forex traders should take into account:
Keep a close eye on the Fed: When the Federal Reserve intervenes in the U.S. economy they often make the U.S. dollar stronger, which will increase its value compared to the Euro
Watch the news: Events unrelated to the economy can make a big difference, negative news has prompted a Euro sell-off in the past and crisis in the EU can be a big opportunity for Forex traders.
Politics matters: Election times are key, keep a note of U.S. and major European elections. If business friendly parties prevail you should expect currency prices to spike.
There’s more to forex than just EUR/USD. There’s countless currency pairs, each with their own unique dynamics. This is a big opportunity for investors who understand the market. Check out these pairs below that we think will interest you:
