EUR/USD gained traction and closed in positive territory on Monday as the positive shift seen in risk sentiment made it difficult for the US Dollar (U
EUR/USD lost its bullish momentum after posting gains on Monday. Key technical resistance at 1.0570 for the pair stays intact. US economic docket will feature September Retail Sales data for September. SD) to find demand. The pair, however, reversed its direction and staged a correction early Tuesday, after testing the 1.0570 resistance. Euro price today The table below shows the percentage change of Euro against listed major currencies today. Euro was the weakest against the Australian Dollar.
Wall Street's main indexes opened higher and posted strong gains on Monday, even though geopolitical tensions remained elevated amid the deepening Israel-Hamas conflict. In the European session on Tuesday, US stock index futures trade flat, pointing to a cautious market stance. Later in the day, the US Census Bureau will release the Retail Sales data for September. Markets expect sales to rise 0.3%, following the 0.6% growth recorded in August.
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