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EUR/USD

MaxOptions - EUR/USD

The most popular currency pair is the EUR The EUR The EUR is the official currency of the European Union. Presently 19 out of the 28 collective  nati... More is the official currency of the European Union. Presently 19 out of the 28 collective  nati... More / USD The USD The USD is the official currency of the United States of America. It is the largest reserve currency... More is the official currency of the United States of America. It is the largest reserve currency... More pair. These two assets Can be stocks, commodities, indexes or Forex currency pairs. More represent the largest currencies in the world with a constant need to hedge their exchange rate. This pair is considered the most lucrative pair since it is constantly participating in data collected from the largest financial markets. Its high activity rate provides for relatively high levels of volatility, which results in great opportunities for traders to make large profits.

As a trader on the EUR/USD pair you need to take into consideration, that both currencies are affected from economical events and financial news, as well as from the interest rate differential between the ECB The European Central Bank The European Central Bank, ECB The European Central Bank, ECB, is the Central Bank of the European Union and sets the monetary poli... More , is the Central Bank of the European Union and sets the monetary poli... More , ECB, is the Central Bank of the European Union and sets the monetary poli... More and the FED The Federal Reserve The Federal Reserve is the Central Bank of the United States of America and sets the monetary policy When used by traders and investors monetary policy When used by traders and investors monetary policy When used by traders and investors monetary policy usually refers to Central Bank policy concerning ... More usually refers to Central Bank policy concerning ... More usually refers to Central Bank policy concerning ... More ... More is the Central Bank of the United States of America and sets the monetary policy... More .The EUR also known as, the Euro is the official currency of the Eurozone. It is the second largest reserve currency after the USD. The Euro is supervised by the European system of Central Banks. The USD, known as the Dollar or Greenback The USD is the official currency of the United States of America. It is the largest reserve currency... More , is the official currency of the American economy. This currency is considered by investors, as a secured and reliable trading option.

This week investors should tune in-to the ECB’s meeting on the 10th of March. The question everyone is asking is, Will Mario Draghi drag the Euro down? Currently the EUR remains strong as the USD declines. The Non-Farm Payroll report of March 4th (NFP), reflected a mixed picture for traders; job gains exceeded expectations with 242k but wages fell by 0.1%. Investors traded accordingly, causing the USD currency to decline.

All currency traders should pay close attention to market fluctuations and financial news.
For this reason, MaxOptions has created user-friendly apps. Now you can track currency movements on the go, anytime, anywhere. Maximize your profits with MaxOptions, your trading haven.