Trade EUR/USD - EUR CFD
$1.11541
-0.09% (0.00)
EUR Price Chart
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*Past performance is not an indication of future results
High: 1.11602
Low: 1.11260
Trader sentiment:
Sellers: 34.0%
Buyers: 66.0%
Market trading hours
Open now
Sun 22:05 - Fri 21:00
What is EUR/USD?
EUR/USD, the world's most traded currency pair, tracks the exchange rate between the euro and the US dollar and reflects the relative economic and monetary-policy paths of the eurozone and the United States. Price is shaped by European Central Bank and Federal Reserve interest-rate decisions, eurozone inflation and GDP data, and shifts in risk appetite that drive flows into or out of the dollar as a safe haven. Political developments in major eurozone economies and US employment data are closely watched catalysts.
Trading Conditions
- Minimal Spread
- 0.00013
- Typical Spread
- 0.0002
- Overnight funding swap buy
- -0.00174%
- Minimum trade size / value
- 1000 Units
- Commission
- 0%
- Max Leverage (1/margin%)
- 1:400
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Frequently asked questions
What are EUR/USD trading hours?
EUR/USD trades 24 hours a day on weekdays across global forex sessions, with the deepest liquidity during the London and New York overlap.
Is EUR/USD volatile?
EUR/USD is generally one of the less volatile major pairs on a percentage basis, though it can move sharply around ECB and Fed policy decisions.
What advantages does iFOREX offer for EUR/USD trading?
iFOREX offers tight, real-time pricing and access to EUR/USD alongside other major currency pairs from one account.
What is EUR/USD?
EUR/USD is the exchange rate between the euro and the US Dollar, and the most heavily traded currency pair in the world.
How do you trade EUR/USD?
EUR/USD is typically traded via CFDs that track the exchange rate, allowing traders to speculate on price direction without exchanging physical currency.
What is the best time to trade EUR/USD?
Liquidity is highest during the London and New York session overlap, and around ECB or Federal Reserve policy announcements.
What factors influence EUR/USD's price?
ECB and Fed interest-rate decisions, inflation data, and broader risk sentiment driving dollar safe-haven flows are among the biggest drivers of EUR/USD.
How do eurozone politics affect EUR/USD?
Political developments in major member states such as Germany or France can move the euro independently of eurozone-wide economic data.
Is EUR/USD suitable for beginner traders?
Its deep liquidity and well-documented macro drivers have made EUR/USD a commonly followed pair among new forex traders, alongside proper risk management.
How does US dollar strength affect EUR/USD?
Since EUR/USD is quoted as euros per dollar, broad US dollar strength driven by Fed policy or safe-haven demand tends to push the pair lower.