Live Updates > Live Update Details
2025-09-19 01:36:37
[EUR/USD: Overnight Gains Gone After US Economic Data] The EUR/USD pair turned positive during the European trading session, reaching 1.1848 and approaching 1.1815 at the New York open. Subsequently, following the release of data such as US Initial Jobless Claims and the Philadelphia Fed Manufacturing Index, US Treasury yields climbed, the US dollar strengthened, and the EUR/USD pair fell sharply. The pair fell to 1.1751 before recovering to near 1.1795 on the back of US dollar weakness, ending the session down 0.17%. The daily Relative Strength Index (RSI) declined, and the price decline following Wednesday's inverted hammer candlestick pattern is a bearish technical indicator in the short term. The exchange rate is holding above its 10-day moving average (10-DMA), and the monthly RSI is rising, providing some support for bulls.
