{"id":105325,"date":"2020-09-28T08:53:35","date_gmt":"2020-09-28T07:53:35","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=105325"},"modified":"2020-09-28T12:29:06","modified_gmt":"2020-09-28T11:29:06","slug":"104470-eur-usd-selling-persists-as-usd-rises","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/104470-eur-usd-selling-persists-as-usd-rises\/","title":{"rendered":"EUR\/USD Selling Persists As USD Rises"},"content":{"rendered":"<ul>\n<li>EUR\/USD bears were in command on Friday.<\/li>\n<li>The pandemic worries support the greenback and pull down the euro.<\/li>\n<li>USD bulls awaiting clarity on stimulus deal.<\/li>\n<\/ul>\n<p>The EUR\/USD fell to its two-month lows on Friday as the economic worries from the second wave of coronavirus infections increased the haven-linked US dollar appeal.<\/p>\n<p>The equity markets shed some weight after the hopes of a fiscal stimulus package from the US Congress faded. Earlier reports on Thursday had indicated progress towards a stimulus bill that might soon be put to the vote.<\/p>\n<p>A weaker than expected US Durable Goods Orders, which increased by a mere 0.4 Percent in August, didn&#8217;t dent the US dollar bull run. The figures are a big fall from the 11.7 Percent revised reading for the previous month. Ex-transport orders also rose by 0.4 Percent in August, much below expectations. However, business investment gauged by the non-defence capital goods orders (excluding aircraft and parts) gave a ray of hope with a 1.8 Percent jump in the period.<\/p>\n<p>The US dollar flew up to post the biggest weekly gain since March and the EUR\/USD went to the lower end of its weekly trading range near 1.1600.<\/p>\n<p>The presidential election worries and the lack of support from the congress in passing a stimulus bill checked the dollar bullishness. These factors helped the major to post gains at the start of the new trading week. ECB President Christine Lagarde&#8217;s introductory statement at the ECON committee of the European Parliament, US presidential debate on Tuesday, and US economic data later in the week are the key events awaited by the traders.<\/p>\n<div class=\"su-box su-box-style-default\" id=\"\" style=\"border-color:#000061;border-radius:3px;max-width:none\"><div class=\"su-box-title\" style=\"background-color:#071894;color:#FFFFFF;border-top-left-radius:1px;border-top-right-radius:1px\">EUR Index Today - last 180 days<\/div><div class=\"su-box-content su-u-clearfix su-u-trim\" style=\"border-bottom-left-radius:1px;border-bottom-right-radius:1px\">\n<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2020\/09\/f176fdc293c0030707ffb7439f8c82e1.png\" alt=\"\" width=\"800\" height=\"348\" class=\"aligncenter size-full wp-image-105346\" srcset=\"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2020\/09\/f176fdc293c0030707ffb7439f8c82e1.png 800w, https:\/\/currencylive.com\/news\/wp-content\/uploads\/2020\/09\/f176fdc293c0030707ffb7439f8c82e1-300x131.png 300w, https:\/\/currencylive.com\/news\/wp-content\/uploads\/2020\/09\/f176fdc293c0030707ffb7439f8c82e1-768x334.png 768w, https:\/\/currencylive.com\/news\/wp-content\/uploads\/2020\/09\/f176fdc293c0030707ffb7439f8c82e1-696x303.png 696w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/p>\n<div style=\"font-size: 75%; line-height: 1.5;\"><div class=\"su-expand su-expand-collapsed su-expand-link-style-default no-margin\" data-height=\"0\"><div class=\"su-expand-content su-u-trim\" style=\"color:#333333;max-height:0px;overflow:hidden\">Currency Index charts show the <strong>strength of a single currency<\/strong> based on a basket of foreign currencies. This is done using a weighted mean (an average) of the 5 largest routes from that source currency and their daily FX rates. You can explore <a style=\"color:#0088FF\" href=\"\/exchange-rate\/\">live exchange rates here<\/a>.<\/div><div class=\"su-expand-link su-expand-link-more\" style=\"text-align:center\"><a href=\"javascript:;\" style=\"color:#0088FF;border-color:#0088FF\"><span style=\"border-color:#0088FF\">What does this show? <\/span><\/a><\/div><div class=\"su-expand-link su-expand-link-less\" style=\"text-align:center\"><a href=\"javascript:;\" style=\"color:#0088FF;border-color:#0088FF\"><span style=\"border-color:#0088FF\">Show less<\/span><\/a><\/div><\/div><\/div>\n<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>EUR\/USD bears were in command on Friday. The pandemic worries support the greenback and pull down the euro. USD bulls awaiting clarity on stimulus deal. The EUR\/USD fell to its two-month lows on Friday as the economic worries from the second wave of coronavirus infections increased the haven-linked US dollar appeal. The equity markets shed [&hellip;]<\/p>\n","protected":false},"author":163946612,"featured_media":4996,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1380,1381],"tags":[1481,1413,2412,1397,2400],"class_list":{"0":"post-105325","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eur","8":"category-usd","9":"tag-christine-lagarde","10":"tag-ecb","11":"tag-eur-usd","12":"tag-us-dollar","13":"tag-us-election"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>EUR\/USD Selling Persists As USD Rises - Currency Live<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/currencylive.com\/news\/104470-eur-usd-selling-persists-as-usd-rises\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Stelian Olar\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104470-eur-usd-selling-persists-as-usd-rises\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104470-eur-usd-selling-persists-as-usd-rises\\\/\"},\"author\":{\"name\":\"Stelian Olar\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/c83637dd6dc82bcaadbc8b6c994d1186\"},\"headline\":\"EUR\\\/USD Selling Persists As USD Rises\",\"datePublished\":\"2020-09-28T07:53:35+00:00\",\"dateModified\":\"2020-09-28T11:29:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104470-eur-usd-selling-persists-as-usd-rises\\\/\"},\"wordCount\":332,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104470-eur-usd-selling-persists-as-usd-rises\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100707-gbp-eur-angela-merkel-resigns.jpg\",\"keywords\":[\"Christine Lagarde\",\"ecb\",\"eur\\\/usd\",\"us dollar\",\"US election\"],\"articleSection\":[\"EUR\",\"USD\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2020\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104470-eur-usd-selling-persists-as-usd-rises\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104470-eur-usd-selling-persists-as-usd-rises\\\/\",\"name\":\"EUR\\\/USD Selling Persists As USD Rises - Currency Live\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104470-eur-usd-selling-persists-as-usd-rises\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104470-eur-usd-selling-persists-as-usd-rises\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100707-gbp-eur-angela-merkel-resigns.jpg\",\"datePublished\":\"2020-09-28T07:53:35+00:00\",\"dateModified\":\"2020-09-28T11:29:06+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/c83637dd6dc82bcaadbc8b6c994d1186\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104470-eur-usd-selling-persists-as-usd-rises\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/currencylive.com\\\/news\\\/104470-eur-usd-selling-persists-as-usd-rises\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104470-eur-usd-selling-persists-as-usd-rises\\\/#primaryimage\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100707-gbp-eur-angela-merkel-resigns.jpg\",\"contentUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100707-gbp-eur-angela-merkel-resigns.jpg\",\"width\":725,\"height\":400,\"caption\":\"GBP\\\/EUR: Pound Steady vs. Euro As Angela Merkel Steps Down\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104470-eur-usd-selling-persists-as-usd-rises\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/currencylive.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"EUR\\\/USD Selling Persists As USD Rises\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/\",\"name\":\"Currency Live\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/currencylive.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/c83637dd6dc82bcaadbc8b6c994d1186\",\"name\":\"Stelian Olar\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/b49463f46121c6696c7326c39f9c0566148bfc9b5f7fcbf494e67f280fa034fc?s=96&d=blank&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/b49463f46121c6696c7326c39f9c0566148bfc9b5f7fcbf494e67f280fa034fc?s=96&d=blank&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/b49463f46121c6696c7326c39f9c0566148bfc9b5f7fcbf494e67f280fa034fc?s=96&d=blank&r=g\",\"caption\":\"Stelian Olar\"},\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/author\\\/stelian-olar\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"EUR\/USD Selling Persists As USD Rises - Currency Live","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/currencylive.com\/news\/104470-eur-usd-selling-persists-as-usd-rises\/","twitter_misc":{"Written by":"Stelian Olar","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/currencylive.com\/news\/104470-eur-usd-selling-persists-as-usd-rises\/#article","isPartOf":{"@id":"https:\/\/currencylive.com\/news\/104470-eur-usd-selling-persists-as-usd-rises\/"},"author":{"name":"Stelian Olar","@id":"https:\/\/currencylive.com\/news\/#\/schema\/person\/c83637dd6dc82bcaadbc8b6c994d1186"},"headline":"EUR\/USD Selling Persists As USD Rises","datePublished":"2020-09-28T07:53:35+00:00","dateModified":"2020-09-28T11:29:06+00:00","mainEntityOfPage":{"@id":"https:\/\/currencylive.com\/news\/104470-eur-usd-selling-persists-as-usd-rises\/"},"wordCount":332,"image":{"@id":"https:\/\/currencylive.com\/news\/104470-eur-usd-selling-persists-as-usd-rises\/#primaryimage"},"thumbnailUrl":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/08\/100707-gbp-eur-angela-merkel-resigns.jpg","keywords":["Christine Lagarde","ecb","eur\/usd","us dollar","US election"],"articleSection":["EUR","USD"],"inLanguage":"en-US","copyrightYear":"2020","copyrightHolder":{"@id":"https:\/\/currencylive.com\/news\/#organization"}},{"@type":"WebPage","@id":"https:\/\/currencylive.com\/news\/104470-eur-usd-selling-persists-as-usd-rises\/","url":"https:\/\/currencylive.com\/news\/104470-eur-usd-selling-persists-as-usd-rises\/","name":"EUR\/USD Selling Persists As USD Rises - Currency Live","isPartOf":{"@id":"https:\/\/currencylive.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/currencylive.com\/news\/104470-eur-usd-selling-persists-as-usd-rises\/#primaryimage"},"image":{"@id":"https:\/\/currencylive.com\/news\/104470-eur-usd-selling-persists-as-usd-rises\/#primaryimage"},"thumbnailUrl":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/08\/100707-gbp-eur-angela-merkel-resigns.jpg","datePublished":"2020-09-28T07:53:35+00:00","dateModified":"2020-09-28T11:29:06+00:00","author":{"@id":"https:\/\/currencylive.com\/news\/#\/schema\/person\/c83637dd6dc82bcaadbc8b6c994d1186"},"breadcrumb":{"@id":"https:\/\/currencylive.com\/news\/104470-eur-usd-selling-persists-as-usd-rises\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/currencylive.com\/news\/104470-eur-usd-selling-persists-as-usd-rises\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/currencylive.com\/news\/104470-eur-usd-selling-persists-as-usd-rises\/#primaryimage","url":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/08\/100707-gbp-eur-angela-merkel-resigns.jpg","contentUrl":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/08\/100707-gbp-eur-angela-merkel-resigns.jpg","width":725,"height":400,"caption":"GBP\/EUR: Pound Steady vs. Euro As Angela Merkel Steps Down"},{"@type":"BreadcrumbList","@id":"https:\/\/currencylive.com\/news\/104470-eur-usd-selling-persists-as-usd-rises\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/currencylive.com\/news\/"},{"@type":"ListItem","position":2,"name":"EUR\/USD Selling Persists As USD Rises"}]},{"@type":"WebSite","@id":"https:\/\/currencylive.com\/news\/#website","url":"https:\/\/currencylive.com\/news\/","name":"Currency Live","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/currencylive.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/currencylive.com\/news\/#\/schema\/person\/c83637dd6dc82bcaadbc8b6c994d1186","name":"Stelian Olar","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/b49463f46121c6696c7326c39f9c0566148bfc9b5f7fcbf494e67f280fa034fc?s=96&d=blank&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/b49463f46121c6696c7326c39f9c0566148bfc9b5f7fcbf494e67f280fa034fc?s=96&d=blank&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/b49463f46121c6696c7326c39f9c0566148bfc9b5f7fcbf494e67f280fa034fc?s=96&d=blank&r=g","caption":"Stelian Olar"},"url":"https:\/\/currencylive.com\/news\/author\/stelian-olar\/"}]}},"jetpack_featured_media_url":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/08\/100707-gbp-eur-angela-merkel-resigns.jpg","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts\/105325","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/users\/163946612"}],"replies":[{"embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/comments?post=105325"}],"version-history":[{"count":3,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts\/105325\/revisions"}],"predecessor-version":[{"id":105347,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts\/105325\/revisions\/105347"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/media\/4996"}],"wp:attachment":[{"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/media?parent=105325"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/categories?post=105325"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/tags?post=105325"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}