After climbing above 1.1000 for the first time since early January on Monday, EUR/USD erased a portion of its gains but managed to close the day in positive territory.
EUR/USD edges lower in the European morning on Tuesday. The pair could face the next near-term support at 1.0900. In the absence of high-tier data releases, investors will remain focused on geopolitics. Early Tuesday, the pair stages a technical correction and trades below 1.0950. Euro PRICE This week The table below shows the percentage change of Euro against listed major currencies this week. Euro was the strongest against the British Pound. USD EUR GBP JPY CAD AUD NZD CHF USD -0.16% 0.57% -1.
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. EUR/USD is the most heavily traded currency pair in the world, accounting for an estimated 30% off all transactions, followed by EUR/JPY , EUR/GBP and EUR/AUD .
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