EURUSD Price

    Other popular FX pairs

    Trading Conditions

    Symbol EURUSD
    Name Euro vs US Dollar
    Quote Currency USD
    Monday Open 00:05
    Friday Close 23:59
    Session Break 00:00-00:05
    Limit and Stop Level  0
    Execution Market
    Trading Platform MT5, Mobile App, WebTrader
    Sector Forex

    Why Trade with Baxia

    ZERO Deposit Fees

    Choose from multiple (15+) deposit options such as Skrill, Neteller, Visa/Mastercard, Crypto, Local Bank and others with zero fees.


    Global Market Access

    Trade CFD's (1000+) on a wide range of instruments including Forex, Shares, Commodities, Indices, Precious Metals, Cryptocurrency and Energy.


    6 Ways to Trade

    Trade when you want and anywhere at your convenience with Windows OS, MacOS, iOS, Android, WebTrader and even Linux.


    Sub 30ms Latency Trading

    Trades are executed through liquidity engines in LD4 and access servers in Asia, Europe and Africa.


    €20,000 Protection per Claim

    Clients are protected by the independent Financial Commission's Compensation Fund.


    24/5 Unparalleled Service

    Knowledgable and prompt service available on Live Chat, Email, Phone, Whatsapp and Telegram.


    Select Your Platform

    Choose from multiple trading options based on your preference of order types, indicators, charting tools, style of trading and operating environment.

    Key Influencers of EURUSD

    The EURUSD currency pair reflects the exchange rate between the Euro and the US Dollar. The Euro, the official currency of the Eurozone, represents one of the largest economic regions globally, while the US Dollar is the world’s primary reserve currency, symbolizing the economic might of the United States.

    • Monetary Policies:

      Decisions by the European Central Bank (ECB) and the Federal Reserve (Fed) heavily influence the EURUSD. Interest rate differentials, quantitative easing measures, and monetary policy statements can cause significant fluctuations in this pair.

    • Economic Indicators:

      Economic data releases such as GDP growth, unemployment rates, inflation figures, and manufacturing indices from both the Eurozone and the US are critical drivers of EURUSD movements.

    • Global Economic Sentiment:

      Being two of the world's leading currencies, the EUR and USD are heavily influenced by global economic events, crises, and shifts in market sentiment.

    • Political Developments:

      Political events in the Eurozone or the United States, such as elections, policy changes, and geopolitical tensions, can impact the EURUSD exchange rate.


    Trading Strategies for Profitable EURUSD Trading

    Trading the EURUSD pair in the CFD market requires a comprehensive strategy, incorporating economic analysis, market trends, and technical indicators.

    Informed Economic Analysis

    Keeping abreast of economic news and data releases from both the Eurozone and the US is essential for informed trading decisions.

    Monitoring Central Bank Activities

    Understanding the policies and outlooks of the ECB and Fed is crucial, as their decisions can drastically impact the pair.

    Technical Analysis Tools

    Utilizing technical analysis, including chart patterns, trend lines, and indicators, helps in predicting market movements and identifying trading opportunities.

    Risk Management

    Given the high liquidity and potential volatility of EURUSD, effective risk management strategies are essential to mitigate risks.

    Start trading EUR/USD now!

    Frequently asked questions

    What factors influence the EUR/USD exchange rate?

    The EUR/USD pair is influenced by factors such as interest rate differentials between the European Central Bank and the U.S. Federal Reserve, economic data releases from both the Eurozone and the United States, global political and economic events, and changes in market sentiment.

    How do economic conditions in the Eurozone and the U.S. affect EUR/USD?

    Economic indicators like GDP growth, unemployment rates, inflation, and trade balances in both the Eurozone and the U.S. can significantly impact the EUR/USD pair. For instance, stronger economic performance in the U.S. relative to the Eurozone might lead to an appreciation of the USD against the EUR.

    What are the best times to trade EUR/USD?

    The best times to trade EUR/USD are typically during the overlap of the European and U.S. trading sessions, when market liquidity and volatility are higher, and during major economic announcements from either the Eurozone or the U.S.

    What trading strategies are commonly used for EUR/USD?

    Common strategies for trading EUR/USD include technical analysis, fundamental analysis, and trend following. The choice of strategy depends on the trader’s risk tolerance, trading style, and market analysis.

    How do interest rate decisions from the European Central Bank and the U.S. Federal Reserve impact EUR/USD?

    Interest rate decisions can have a significant impact on EUR/USD. For example, if the European Central Bank raises interest rates while the Federal Reserve holds or lowers them, it could lead to a strengthening of the EUR against the USD.

    What role do political events in the Eurozone and the U.S. play in EUR/USD trading?

    Political events and decisions in both the Eurozone and the U.S., such as elections, changes in government policies, or geopolitical tensions, can significantly influence EUR/USD. These events can affect investor confidence and economic outlook.

    Can global economic events affect EUR/USD trading?

    Yes, global economic events, especially those that impact the U.S. dollar’s status as a world reserve currency or the stability of the Eurozone, can significantly affect EUR/USD.

    What should new traders know about trading EUR/USD?

    New traders should understand the economic fundamentals of both the Eurozone and the U.S., be aware of the timings of key economic releases, and practice effective risk management. It’s also recommended to start with a small amount to gain experience when trading with real capital.

    Get more tools and resources for trading with Baxia Markets

    Beginner or Advanced? View our full suite of tools and resources to help traders of all levels.

    Forex Full Course

    Get started quickly with our free forex trading course for beginners to level up on your trading knowledge.

    Forex Calculators

    Evaluate your risk, monitor profit or loss for each trade & estimate trading costs with our full suite of calculators.

    Economic Calendar

    Follow high impact news and events for the financial markets including the latest economic data.

    Market Research

    Stay up to date with the latest fundamental and technical analysis from the Baxia Markets Analyst team.

    Help Center

    Find answers to common questions and topics related to trading with Baxia Markets and the trading platforms.

    Education Center

    View our collection of free educational resources to help you become a profitable trader and learn risk management.

    More Trading Opportunities

    More than 1000 CFD instruments to trade on multiple asset classes with one broker.


    Precious Metals

    Crypto CFDs