Euro News (EUR)

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BofA predicts euro will rise to 1.17 against US dollar by late 2025

Bank of America confirms its forecast for the euro to strengthen against the US dollar. The bank expects the currency pair to reach 1.17 by the end of 2025. The current euro exchange rate appears stronger against the greenback.

Today at 9:08 AM
European Union. ECB Interest Rate Decision. The value of the indicator has decreased from 2.4% to 2.15%

A decrease of the indicator value may contribute to the fall in quotes of EUR.

5 June
European Union. Deposit Facility Rate. The value of the indicator has decreased from 2.25% to 2%

A decrease of the indicator value may contribute to the fall in quotes of EUR.

5 June
German factory orders growth continues despite US tariff policy

Germany's industrial sector has demonstrated surprising strength, continuing to secure new orders even after the imposition of trade tariffs by US President Donald Trump. According to Destatis, the Federal Statistical Office, the volume of factory orders rose by 0.6% in April.

5 June
German factory orders growth continues despite US tariff policy
ECB to cut rates again at upcoming meeting due to worsening economic outlook — Bloomberg

According to analysts surveyed by Bloomberg, the European Central Bank (ECB) is expected to cut borrowing costs for the eighth consecutive time. They believe the move will be driven by worsening inflation and economic outlooks, fueled by disruptions in global trade.

5 June
ECB to cut rates again at upcoming meeting due to worsening economic outlook — Bloomberg
Bulgaria plans to adopt euro in 2026 — Investing.com

The European Commission and the European Central Bank have granted Bulgaria approval to adopt the euro from the beginning of 2026. According to the convergence report, the country's economy aligns with regional peers and meets all formal criteria for euro adoption, reports Investing.com.

5 June
Bulgaria plans to adopt euro in 2026 — Investing.com
European Union. PPI (MoM). The value of the indicator has decreased from -1.7% to -2.2%

A decrease of the indicator value may contribute to the fall in quotes of EUR.

5 June
European Union. PPI (YoY). The value of the indicator has decreased from 1.9% to 0.7%

A decrease of the indicator value may contribute to the fall in quotes of EUR.

5 June
Eurozone private sector grows in spite of US tariffs — Bloomberg

According to Bloomberg data, the eurozone's private sector remained above the 50-point threshold, demonstrating greater resilience to the negative impact of Donald Trump's trade policies than previously anticipated.

5 June
Eurozone private sector grows in spite of US tariffs — Bloomberg
European Commission accuses nine eurozone countries of violating fiscal rules

One-third of European Union countries, representing about half of the bloc's population, are in violation of its fiscal rules, with Austria being the latest to join the list. On Wednesday, the European Commission identified nine countries that have exceeded the 3% budget deficit-to-GDP limit.

5 June
European Commission accuses nine eurozone countries of violating fiscal rules
ECB plans another rate cut amid region’s economy slowdown

Analysts at Validus Risk Management report that the European Central Bank (ECB) is preparing to ease monetary policy more actively. A change in pace comes as policymakers reassess global trade conditions and regional economic performance.

4 June
ECB plans another rate cut amid region’s economy slowdown

The European currency is one of the world's major monetary units. It has a crucial role to play in the global economy. Market participants constantly need to identify trends and forecast fluctuations in the euro exchange rate in order to make reasonable trading decisions.

Key drivers of the euro are the following:

  • Macroeconomic indicators such as consumer price indices (CPI), estimates of gross domestic product (GDP), and central bank decisions;
  • Political variables such as geopolitical stability and government policies.

Market manipulation by large investors has a significant impact on the exchange rate of the European currency. Their actions can both stabilize and greatly shake the money market. These may include:

  • large injections or withdrawals of currency from the market;
  • change in the general mood among investors, which often depends on economic and political conditions.

Investment activity monitoring can help to understand and predict trends in the movement of the European currency rates.

Forecasting the value of the euro is a challenging task. There are many reasons for this, including geopolitical and economic risks that make foreign exchange markets particularly susceptible to change. Minor political instability or financial crisis in certain countries may have a significant impact on the value of the European currency, emphasizing the need to carefully consider these factors when developing investment strategies.

Successful trading the Eurozone currency requires a comprehensive approach. Analyzing global political and economic circumstances, taking into account the influence of traders, and assessing risks are integral parts of the decision-making process for opening trading positions.