EUR/USD (EURUSD=X)
| Previous close | 1.0731 |
| Open | 1.0730 |
| Bid | 1.0723 |
| Day's range | 1.0701 - 1.0748 |
| 52-week range | 0.9540 - 1.1494 |
| Ask | 1.0717 |
- FX Empire
EUR/USD Forecast – Euro Goes Back and Forth to Kick Off the Week
The Euro has dropped a bit during the trading session on Monday, as we are hanging around just below the 1.08 level.
- Reuters
Euro zone investor morale rises for fourth month in a row
Investor morale in the euro zone improved for the fourth month in a row in February to reach its highest level since March 2022, but remained in negative territory as the possibility of a stagnant economy comes into focus, a survey showed on Monday. Sentix's index for the euro zone rose to -8.0 points for February from -17.5 in January, beating analysts' expectations of a reading of -12.8. An expectations index rose to -6.0 from -15.8 in January, hitting its highest level since last February, while an index on the current situation also rose, to -10.0 from -19.3.
- Investing.com
Dollar near one-month high; strong payrolls, rising Chinese tensions help
The index is maintaining the positive tone seen after Friday’s strong employment report, which recorded a surge in U.S. nonfarm payrolls in January. This suggests that the U.S. Federal Reserve has enough headroom within the labor market to keep raising interest rates, which benefits the dollar directly as well as potentially weighing on global growth, to the benefit of the safe haven greenback.
