the Eurozone. Check for events affecting the price of EUR/USD like fomc, ECB, NFP meetings and reports on the Economic Calendar. Employment numbers - On the first Friday of every month, the US Department of Labor's Bureau of Statistics releases the Employment Situation Summary for the previous month. Decision (Mar 22) 03h: 29m Left, importance high. Show More, why trade EUR/USD at Plus500? The currency pair indicates how many US dollars are needed to purchase one euro. 80.6 of retail investor accounts lose money when trading CFDs with this provider.
Eur usd forecast forex factory
Show More, why does the EUR/USD currency pair move up and down in Forex trading? However, job results and unemployment reports for the major economies in the trading bloc Germany, France and Italy tend to have an effect on the exchange rates of the euro. When you trade CFDs on EUR/USD with the Plus500 platform you enjoy a number of advantages compared to trading EUR/USD directly in the foreign exchange market. For example, if the pair is trading.35, it means you need.35 USD to buy 1 EUR. Search for EUR/USD under Majors or type EUR/USD in the search bar. Consider setting stop orders that can help you control your risk. For example, higher interest rates in the US decrease the supply of US dollars bitcoin core wallet review in the market, typically causing EUR/USD to fall. Foreign currency exchange rates are influenced by the difference in value of a currency or economic region, such as the euro (EUR) in comparison to another country's or region's currency, such as the United States dollar (USD). Previous.3, forecast.6, actual0.6 Economic Event Gross Domestic Product (YoY) Decision (Mar 22) 03h: 29m Left Importance medium Previous.6 Forecast.5 Actual2.3 Economic Event European Council Meeting Decision (Mar 22) 03h: 29m Left Importance medium Previous Forecast Actual Economic Event Employment Change.a. If USD gains value, the EUR/USD pair falls.