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Currencies Markets (May 2): EUR/USD exchange rate lost, the pair is now traded at 1.0504

Alex Lowe by Alex Lowe
May 3, 2022
in Currencies, Currencies Market Outlook, Currency, Forex Market, Forex Market Outlook, Special
0

FintechZoom > Markets > Forex > Currencies > Currencies Markets (May 2): EUR/USD exchange rate lost, the pair is now traded at 1.0504

Last trading session was dominated by AUD/USD – Australian Dollar US Dollar which signed 0.11% has risen to 0.7054.

The DXY index obtained 0.63% while trading within the 103.61 range for most of the day before closing. The DXY is in green on YTD basis, getting today a variation of 7.95%.

The EUR/USD exchange rate lost, the pair is now traded at 1.0504, losing in this market session around 0.00% or 0 pips. Analysts’ projection for the short term is Neutral.

The USD/CAD exchange rate surge, the pair is now traded at 1.2881, gaining in this market session around 0.03% or 0.0003 pips. Analysts’ projection for the short term is Sell.

The USD/JPY exchange rate gained, the pair is now traded at 130.15, gaining in this market session around 0.01% or 0.01 pips. Analysts’ projection for the short term is Sell.

The USD/NZD exchange rate gained, the pair is now traded at 1.5543, gaining in this market session around 0.02% or 0.0003 pips. Analysts’ projection for the short term is Strong Sell.

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The AUD/USD exchange rate gained, the pair is now traded at 1.5543, gaining in this market session around 0.02% or 0.0003 pips. Analysts’ projection for the short term is Strong Sell.

The GBP/USD exchange rate lost, the pair is now traded at 1.2488, losing in this market session around -0.02% or -0.0003 pips. Analysts’ projection for the short term is Sell.

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Alex Lowe

Alex Lowe

Alex is a financial writer covering forex. He is a expert financial journalist whose credits include Bloomberg, FT of London, Chicago Tribune. Contact: [email protected]

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