<\/p>\n
EUR\/USD trades firmly around 1.0850 after recovering early losses in Monday\u2019s European session. The major currency pair strengthens as the US Dollar (USD) struggles to gain ground after last week\u2019s sharp drop. The US Dollar Index<\/a> (DXY), which tracks the Greenback\u2019s value against six major currencies, trades vulnerable near a fresh four-month low of 103.50.\u00a0<\/p>\n The outlook<\/a> of the US Dollar remains uncertain as investors have become increasingly concerned over how United States (US) President Donald Trump\u2019s \u2018America first\u2019 policies will shape the economy. On Friday, the comments from the President in an interview with Fox News indicated that Trump\u2019s policies should lead to short-term economic shocks.<\/p>\n “There is a period of transition because what we are doing is very big,\u201d Trump told the “Sunday Morning Futures” program. This comment came after he was asked about the possibility of a recession.\u00a0<\/p>\n Lately, a slew of US data has indicated signs of an economic slowdown, such as 15-month low Consumer Confidence, an unexpected decline in the ISM Manufacturing New Orders, and slightly lower-than-expected Nonfarm Payrolls<\/a> (NFP) data for February. Weak data has forced traders to raise bets supporting the Federal Reserve (Fed) to resume the policy-easing cycle in the June meeting. The likelihood for the Fed to cut interest rates in June has increased to 82% from 54% a month ago, according to the CME FedWatch tool.<\/p>\n Meanwhile, Fed Chair Jerome Powell<\/a> continued to guide a \u201cwait and see\u201d approach on interest rates<\/a> due to the lack of clarity on Trump\u2019s tariff and tax policies. \u201cUncertainty around Trump administration policies and their economic effects remains high,\u201d Powell said in an economic forum at the University of Chicago Booth School on Friday, and the \u201cnet effect of trade, immigration, fiscal, and regulation policy is what matters for the economy and the monetary policy.\u201d<\/p>\n The table below shows the percentage change of Euro (EUR) against listed major currencies today. Euro was the strongest against the Canadian Dollar.<\/p>\n The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Euro from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent EUR (base)\/USD (quote).<\/p>\n<\/div>\n<\/div>\nDaily digest market movers: EUR\/USD remains firm while\u00a0Euro trades cautiously<\/h2>\n
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Euro PRICE Today<\/h2>\n
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\n \n\u00a0<\/th>\n USD<\/th>\n EUR<\/th>\n GBP<\/th>\n JPY<\/th>\n CAD<\/th>\n AUD<\/th>\n NZD<\/th>\n CHF<\/th>\n<\/tr>\n<\/thead>\n \n USD<\/th>\n \u00a0<\/td>\n -0.11%<\/td>\n -0.02%<\/td>\n -0.65%<\/td>\n 0.13%<\/td>\n -0.26%<\/td>\n -0.26%<\/td>\n -0.29%<\/td>\n<\/tr>\n \n EUR<\/th>\n 0.11%<\/td>\n \u00a0<\/td>\n 0.06%<\/td>\n -0.53%<\/td>\n 0.24%<\/td>\n -0.06%<\/td>\n -0.17%<\/td>\n -0.29%<\/td>\n<\/tr>\n \n GBP<\/th>\n 0.02%<\/td>\n -0.06%<\/td>\n \u00a0<\/td>\n -0.65%<\/td>\n 0.16%<\/td>\n -0.11%<\/td>\n -0.28%<\/td>\n -0.28%<\/td>\n<\/tr>\n \n JPY<\/th>\n 0.65%<\/td>\n 0.53%<\/td>\n 0.65%<\/td>\n \u00a0<\/td>\n 0.75%<\/td>\n 0.43%<\/td>\n 0.29%<\/td>\n 0.41%<\/td>\n<\/tr>\n \n CAD<\/th>\n -0.13%<\/td>\n -0.24%<\/td>\n -0.16%<\/td>\n -0.75%<\/td>\n \u00a0<\/td>\n -0.43%<\/td>\n -0.38%<\/td>\n -0.44%<\/td>\n<\/tr>\n \n AUD<\/th>\n 0.26%<\/td>\n 0.06%<\/td>\n 0.11%<\/td>\n -0.43%<\/td>\n 0.43%<\/td>\n \u00a0<\/td>\n -0.11%<\/td>\n -0.18%<\/td>\n<\/tr>\n \n NZD<\/th>\n 0.26%<\/td>\n 0.17%<\/td>\n 0.28%<\/td>\n -0.29%<\/td>\n 0.38%<\/td>\n 0.11%<\/td>\n \u00a0<\/td>\n 0.04%<\/td>\n<\/tr>\n \n CHF<\/th>\n 0.29%<\/td>\n 0.29%<\/td>\n 0.28%<\/td>\n -0.41%<\/td>\n 0.44%<\/td>\n 0.18%<\/td>\n -0.04%<\/td>\n \u00a0<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n Technical Analysis: EUR\/USD remains above 200-day EMA<\/h2>\n