EUR/USD gains traction in the European morning on Friday and advances toward 1.0600.
EUR/USD rises toward 1.0600 in the European morning on Friday. Eurostat will publish preliminary November inflation data for the Eurozone. The technical outlook points to a buildup of bullish momentum. The pair's technical outlook highlights a buildup of bullish momentum as investors await November inflation data from the Eurozone. 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 US Dollar.
Euro FAQs What is the Euro? The Euro is the currency for the 19 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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