Explore free, real-time EUR/USD exchange rate charts for daily and intraday trading.
For weekly & monthly charts (48+ years), visit our Long-term Historical EUR/USD Charts.
Daily EUR/USD Live Chart (1 day candlesticks)
4-Hour EUR/USD Live Chart (4h candlesticks)
1-Hour EUR/USD Live Chart (1h candlesticks)
Insights for EUR/USD Forex Traders
💡What is the EUR/USD?
The EUR/USD currency pair represents the exchange rate between the Euro (EUR) and the U.S. Dollar (USD).
It tells you how many U.S. Dollars are required to purchase one Euro.
- Euro (EUR): Official currency of 19 EU member states of the European Union (EU)
- U.S. Dollar (USD): Official currency of the United States, symbolized as $ or US$
The EUR/USD pair is the most traded forex pair globally, accounting for a significant portion of global currency volume. It reflects the economic relationship between two major economies and is a benchmark for global forex liquidity.
🔍 What Influences the EUR/USD Exchange Rate?
🕰️Forex Trading Sessions
Forex is a 24-hour market, but EUR/USD is most active during:
- London Session: 08:00–16:00 GMT
- New York Session: 13:00–21:00 GMT
- Session Overlap: 13:00–16:00 GMT – highest volatility and volume
Day traders often focus on the session overlap for tighter spreads and stronger price movements.
🏦 Central Banks & Interest Rates
Interest rate differentials between the European Central Bank (ECB) and the U.S. Federal Reserve (Fed) are key drivers of EUR/USD price action. Traders monitor:
- Rate hikes or cuts
- Monetary policy statements
- Economic forecasts
- Market interventions
Higher interest rates in one region typically strengthen that currency relative to the other.
📈 Economic Indicators
Economic performance in both regions affects the EUR/USD exchange rate. Key data includes:
- GDP growth
- Inflation rates
- Employment statistics
- Retail sales
- Trade balance
- Consumer sentiment
Good economic news from the European Union will tend to make then EUR/USD stronger and vice versa.
Good economic news from the United States will tend to make the EUR/USD weaker (because the USD becomes stronger) and vice versa.
🗳️ Political Developments
Political stability, elections, fiscal policy changes, and geopolitical tensions in either the EU or U.S. can cause sharp movements in the EUR/USD pair.
Traders often factor in political risk when planning trades.
📚 Additional Resources for EUR/USD Traders
- European Central Bankk (ECB) – Monetary policy, interest rates, and economic reports
- U.S. Federal Reservee (FED) – FOMC calendar, statements, and policy updates
- Forex.com – The global market leader for currency markets
- Forex Factory – Economic calendar, news, and trader forums
- Investopedia – Currency Pair: EUR/USD (Euro/U.S. Dollar) – Beginner-friendly overview, Definition and History of the currency pair
According to regulations from the Reserve Bank of India (RBI), speculative currency trading is restricted unless it involves legitimate business transactions or international payments.