Euro vs US Dollar
EURUSD
Pricing is indicative. Past performance is not a reliable indicator of future results. Client sentiment is provided for general information only, is historical in nature and is not intended to provide any form of trading or investment advice - it must not form the basis of your trading or investment decisions.
Trading Conditions
ATP Margin
0.002
Contract Size Currency per 1 Lot Symbol
EUR 100,000
Min/Max Trade Size (lots)
0.01 / 100
Schedule and Fees
Market Open
Monday 00:01 MT Server
Market Closed
Friday 23:58 MT Server
Trading Break
23:59 - 00:01 MT Server
3 Day Financing
Wednesday
Long & Short Position Overnight Fee
displayed on the trading platform
Upcoming Calendar Events
| September 22 | Tuesday | Volatility | Actual | Previous | Consensus | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 12:00 |  EMU | EUR | ECB's President Lagarde speech | HIGH | |||||||||
| 12:00 |  HU | HUF | MNB Interest Rate Decision | LOW | 5.5 | 5.5 | |||||||
| 12:00 |  MX | MXN | Retail Sales (MoM) | LOW | -0.2 | 0.2 | |||||||
| 12:00 | MX | MXN | Retail Sales (YoY) | LOW | 2.7 | 2.1 | |||||||
| 12:00 |  PL | PLN | M3 Money Supply (YoY) | LOW | 11.3 | 11.2 | |||||||
| 12:15 |  US | USD | ADP Employment Change 4-week average | MEDIUM | 16.25 | ||||||||
| 12:55 | US | USD | Redbook Index (YoY) | LOW | 8.5 | ||||||||
| 14:00 | EMU | EUR | Consumer Confidence | MEDIUM | -15.5 | -16.5 | |||||||
| 14:00 |  QA | QAR | M2 Money Supply | LOW | 4.8 | ||||||||
| 14:00 | US | USD | Richmond Fed Manufacturing Index | LOW | 4 | 5 | |||||||
| 14:05 | US | USD | Fed's Williams speech | MEDIUM | |||||||||
| 14:20 | US | USD | Fed's Jefferson speech | MEDIUM | |||||||||
| 14:25 | EMU | EUR | ECB's Sleijpen speech | MEDIUM | |||||||||
| 17:00 | US | USD | 2-Year Note Auction | LOW | 4.204 | ||||||||
| 17:00 | US | USD | Fed's Barkin speech | MEDIUM | |||||||||
| 19:30 | EMU | EUR | ECB's Nagel speech | MEDIUM | |||||||||
| 20:30 | US | USD | API Weekly Crude Oil Stock | LOW | 7.14 | ||||||||
| 21:00 |  KR | KRW | Consumer Sentiment Index | LOW | 104.5 | ||||||||
| 23:00 |  AU | AUD | S&P Global Composite PMI | MEDIUM | 52.7 | ||||||||
| 23:00 | AU | AUD | S&P Global Manufacturing PMI | MEDIUM | 52 | ||||||||
| 23:00 | AU | AUD | S&P Global Services PMI | MEDIUM | 53.2 | ||||||||
FAQ
The EUR/USD currency pair represents the exchange rate between the euro and the US dollar, or the number of US dollars (the quote currency) needed to purchase one euro (the base currency). The pair comprises the two most actively traded major reserve currencies from the world's largest economies, making it the most liquid pair in foreign exchange.
The US dollar is the most traded currency in the world, held by most central banks and investment institutions, and used as the official currency in several countries, including Ecuador and El Salvador. Due to the stability and dependability of the US economy, the dollar is the currency of choice for international transactions and reserves. In addition, the dollar's dominance in international trade has significant implications for exchange rates and economic policies worldwide, and it can serve as a benchmark for nations that choose to set or peg their currencies to the dollar's value.
The euro is the official currency of the eurozone, which consists of nineteen of the 27 European Union member states. It launched digitally in 1999 and became a tangible currency in 2002. The European Central Bank (ECB) supervises its administration, and it functions as an international reserve currency and medium of exchange.
The EURUSD is a relatively new pair, as the euro was just recently adopted, and is referred to as "Fibre" in the financial community as an update to the name "Cable" given to the long-standing significant pair GBPUSD, whose basis currency is the British pound. Its value varied throughout the global financial crisis between an all-time low of 0.82 in October 2000 and an all-time high of 1.60 in July 2008.
