The euro is a shared currency and monetary system launched in 1999 when 11 EU member countries irrevocably fixed their currencies to the euro as an accounting currency, then swapped out the ...

Traders also seem to be favoring the euro over the dollar when it comes to hedging or betting on big directional moves on the ...

The euro/US dollar parity rose to its highest level since November 2021, reaching 1.1573. Since the beginning of the year, the euro has increased its value against the US dollar by more than 11%.

Firming US inflation, along with Trump's recent election victory, has weighed heavily on the euro, causing a 5.7% decline against the dollar since the end of September.

The euro surged to a three-year high against the US dollar amid tariff-driven market volatility, as investors offloaded US assets and sought safety in haven currencies. Despite renewed sell-offs ...

Goldman Sachs predicts US GDP will grow 2.5% in 2025, driven by strong productivity, outpacing global and euro area growth. Trump’s anticipated tariffs could drag euro area growth down to 0.8% ...

Euro vs US Dollar Technical Analysis. ... On the downside, we have the 1.11 level, which is support, and should continue to attract a certain amount of buying pressure.