9:01 AM · 26 October 2022

BREAKING: EURUSD jumps above parity!

EURUSD climbed back above the key psychological level this morning. The main currency pair is making a break above 1.00 handle ahead of tomorrow's ECB meeting. ECB is expected to deliver another 75 basis point rate hike, and economists expected the terminal rate to be reached at 2.5% in March 2023. However, the main driver of a move above parity seems to be USD weakness. Greenback is struggling as US Treasury yields pull back. Moreover, Reuters reported that Chinese state-owned banks stepped into the market yesterday to sell USD in order to prop up weakening yuan. 

EURUSD is currently trading at a daily high above 1.0030. The move also has a technical explanation - the pair broke above a 2022 bearish trendline earlier this week. A resistance zone ranging below 1.0035 is being tested at press time.

Source: xStation5

5 October 2026, 6:59 PM

Daily Summary: Yields at their highest since 2002, yet Wall Street is still rising🚨

5 October 2026, 3:02 PM

BREAKING: U.S. ISM PMI for services comes in below expectations🚨

5 October 2026, 7:39 AM

💶Chart of the Day: EURUSD at Lowest Since May 2025 Amid French Fiscal Crisis

5 October 2026, 6:49 AM

Morning Briefing: Dollar gains, oil falls. EURUSD at multi-month lows

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits