EUR/USD Forecast for June 9, 2025
Moderately optimistic US employment data revived the dollar, causing it to rise by 0.44%. The euro dropped by 50 pips.
Jeff Wecker
Jeff Wecker
Jeff Wecker, the inventor of Forex Forager, is a former member of the Chicago Board of Trade. There, Jeff learned his craft in the 30-year bond pit, trading against the world's best, and now has survived and prospered in the industry for the past 25 years. He took the unique knowledge he gained at the CBOT and transitioned it to online trading, where he traded FX, commodities, stock indices, and bonds – all using his unique 5 pip/tick risk system. Visit us at Global Fx Trading Group
Jeff Wecker
EUR/USD Forecast for June 6, 2025
Yesterday, the ECB as expected cut key rates by a quarter point, bringing the refinancing rate to 2.15%. At the press conference, ECB President Christine
Jeff Wecker
EUR/USD Forecast for June 5, 2025
After three days of struggle, the euro has broken through the 1.1420 resistance level. Now, the target at 1.1535 is open.
Jeff Wecker
EUR/USD Forecast for June 4, 2025
Yesterday's inflation data from the Eurozone slightly slowed the euro's growth amid a continued stock market rally (Dow Jones +0.51%).
Jeff Wecker
EUR/USD Forecast for June 3, 2025
Risk appetite on Monday was widespread: the S&P 500 rose by 0.41%, oil by 1.71%, gold by 2.37%, the dollar index dropped by 0.63%, and the yield on 5-year
Jeff Wecker