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FxPro has been providing online trading services to clients since 1999 and it currently serves 173 countries worldwide.
EUR/USD is the most popular currency pair on the Forex market, which is usually used by both novice and professional traders. That’s why it is the most recognized financial instrument among investors all over the world. EUR/USD responds significantly to the major data releases, which are displayed in the Economic calendar.
One of the main fundamental factors that have a great influence on this currency pair is the EU GDP, as well as the US Nonfarm Payrolls and Unemployment rate. Keep in mind that the common monetary policy in the EU countries is controlled by the European Central Bank. In turn, it regulates the change in the interest rates. The significant difference between the interest rates of the Eurozone and the United States could strongly affect the EUR/USD quotes course. In terms of volatility, the EUR/USD currency pair, on average, has the daily range of 70-100 points.
If you are interested in trading the EUR/USD currency pair, contact FxPro today and open trading account in several minutes to test your trading strategy.
client accounts
FxPro has been providing online trading services to clients since 1999 and it currently serves 173 countries worldwide.
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