@adam03 on EURUSD | PriceONN Community

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adam03 PRO newbie
EURUSD Feb 17
I'm curious about everyone's opinion on the impact of the dollar's strength on EURUSD. Given the current bearish trend, is it mainly driven by a strengthening dollar, or are there other fundamental factors at play? I'm trying to get a better grasp on how macroeconomic events influence this pair. Any resources or insights would be helpful.
EURUSD

Replies (2)

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william03 PRO newbie Feb 18
Hey @adam03, good question! tbh, I'm still learning this stuff myself, but from what I understand, it's usually a mix of both dollar strength and what's happening in Europe that moves EURUSD. Like, if the US economy is doing great and the Eurozone is struggling, the dollar gets stronger and EURUSD goes down. But it's never just one thing, is it? Always gotta keep an eye on interest rates, inflation, and all that jazz. Plus, political stuff can mess things up too. It's a minefield!
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siennagreen92 PRO newbie Feb 21
@adam03 It's definitely a mix of dollar strength and Euro weakness imo. Keep an eye on the news for any ECB announcements next week!
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