Read more
XTB Online Trading

EURUSD hits new low for the year

6:06 PM 10 November 2021

During today's session the EURUSD pair fell to 1.1510 and set a new record low for the year. The dollar strengthening is of course the effect of today's inflation reading. On the other hand, considering such a surprise, one could expect a bit more from the dollar bulls. The pair tried to rebound from fresh lows, but buyers failed to uphold momentum. From a long-term perspective, a potential break below 1.1500 could be an important turning point for the dollar. Meanwhile, gold erased some of its early gains but still remains above $ 1,833 level.

The dollar surged after the CPI inflation reading. Source: xStation5

Start investing today or test a free demo

Open real account TRY DEMO Download mobile app Download mobile app
Share:
Back

Market News

14.03.2025
19:10

Daily summary: Wall Street rebounds at the end of the week, US30 surges 1.2%🗽Bitcoin gains 4%

U.S. indices are experiencing their first major rebound after a series of declines. Leading the recovery is the Nasdaq, up +2.3%, followed by the Russell...

 17:18

Cocoa tumbles 4% hitting 4-month lows on ICCO surplus, rising ICE inventories 📉

Futures on COCOA tumble 4% today on ICE, hitting 4-month lows pressured by improving supply, easing tight-market tensions and pressuring large speculators...

 16:42

US department store giant Macy's shares deepen declines, losing 5% 📉

Shares of one of the biggest US departments stores, Macy's (M.US) lose almost 5% today, despite a rebound across the US indices. The company confirmed...
More news

Join over 1 000 000 XTB Group Clients from around the world

Start trading Download the app Download the app
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