EUR/USD started the new week on a firm footing and gained 0.5% for the second consecutive trading day on Monday.
EUR/USD trades in a tight channel below 1.1100 on Tuesday. The pair could correct lower if 1.1060 support fails. The risk perception is likely to drive the USD's valuation in the absence of high-tier data releases. After touching its highest level since December near 1.1090 early Tuesday, the pair retreated slightly and was last seen trading below 1.1080. Euro PRICE This week The table below shows the percentage change of Euro against listed major currencies this week.
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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