search
Install Now

An incredible cashback rate!
40% of the spread!

Join Now

Will the Euro Regain Strength Following the ECB Announcement? Keep an Eye on Price Movements Around the Release of Economic Indicators

Market Report

Will the Euro Regain Strength Following the ECB Announcement? Keep an Eye on Price Movements Around the Release of Economic Indicators

24.07.2025

Today's Highlights
  1. Europe: ECB Policy Rate and Statement Release
  2. UK Manufacturing/Services PMI

In the U.S. currency market the previous day, the U.S. dollar continued to fall against the euro. The EUR/USD pair rose from 1.1711 to 1.1775. It surged from the -3σ to the +3σ levels of the hourly Bollinger Bands.On the 4-hour chart, the upward trend continues, supported by the 20-period moving average (MA), and on the daily chart, the pair has risen for four consecutive days. The candlestick, which had briefly dipped below the 20-MA, has recovered. We will be watching for signs of whether the U.S. dollar will continue to weaken during today’s U.S. trading session.

European currencies saw the euro trade in a narrow range against the yen after the preliminary July consumer confidence index for the eurozone, released yesterday, improved to -14.7 from -15.3 the previous month.The euro/yen pair traded between 171.377 and 172.736. Price action lacked direction near the 200-period simple moving average (SMA) on the hourly chart. Meanwhile, on the daily chart, the trend of moving along the +2σ line of the Bollinger Bands is beginning to break down.

Today’s schedule includes remarks by RBA Governor Block of Australia at 12:05, the German GfK Consumer Confidence Survey at 15:00, and the German Manufacturing/Non-Manufacturing PMI at 15:30, the Eurozone Manufacturing/Services PMI at 17:00, the UK Manufacturing/Services PMI at 17:30, the ECB policy rate decision and statement at 21:15, U.S. Initial Jobless Claims and Canadian Retail Sales at 21:30,at 21:45, the ECB President Lagarde’s press conference; at 22:45, U.S. PMI; at 23:00, U.S. new home sales; and at 8:01 the following day, the UK GfK Consumer Confidence Survey.We’ll need to pay close attention to price movements around the release of these indicators to see if the euro regains strength following today’s ECB meeting.

桜井 慶介

Author: Keisuke Sakurai

He has over 10 years of experience in FX trading. In the financial sector, he has been involved in investment management focused primarily on foreign exchange markets and has experience as an asset management advisor. He specializes in technical and fundamental analysis, drawing on his extensive experience.

Previous Article

Should We Wait and See How Far the Euro-Pound, Which Has Been Rebounding Sharply, Will Rise?

Next Article

Attention Turns to the Upside Potential of the U.S. Dollar, Which Rallied on the Back of Strong U.S. PMI Data
alert
Notification Settings
close

If you're using iOS

iOSをご利用の場合

If you're using iOS, tap the "Add/Save" icon at the bottom of Safari and select "Add to Home Screen." Once you've added it to your Home Screen, you can turn on "Receive Push Notifications" as shown above.

Click here for detailed instructions

If you're using an Android device or a PC

Android、PCをご利用の場合

If you're using an Android device or a PC, you can simply turn on "Receive push notifications" as shown above without installing the app. (If your browser asks for permission, please select "Allow.")

You can find instructions on how to add this to your smartphone's home screen below.

Click here for detailed instructions
USDJPY
XAUUSD
BTCUSD
USDJPY
XAUUSD
BTCUSD
Close
Click here for explanations of each notification
arrow Return to Notification Settings
close
Details of Each Notification
line Receive key metrics and announcements

You will receive notifications about key metrics and limited-time promotions. If you turn this feature off, you may not be able to participate in limited-time promotions.

line Received a round number notification

A feature that sends notifications when a price reaches a round number. Receiving these notifications helps traders capitalize on trading opportunities and manage risk, which is why many traders are paying close attention to this feature.

polygon USDJPY

Notifications are sent for every 100 pips (1 JPY) (e.g., 1 USD = 147 JPY, 1 USD = 148 JPY, etc.). Notifications for the same exchange rate are reset after 3 days (72 hours) have passed.

polygon XAUUSD

Notifications are sent every 500 pips (50 USD) (e.g., $3,000, $3,050, etc.). Notifications for the same rate are reset after 3 days (72 hours) have passed.

polygon BTCUSD

Notifications are sent for every 5,000 USD (e.g., 110,000 USD, 115,000 USD, etc.). Notifications for the same rate are reset after 3 days (72 hours) have passed.

line Received notification of a sudden price fluctuation (sharp rise or fall in the exchange rate)

Receive real-time notifications of price fluctuations for USD/JPY, gold, and Bitcoin. Never miss a trading opportunity, even when you're on the go, and place orders that instantly respond to market conditions.

polygon USDJPY

You will receive a notification when there is a fluctuation of 30 pips (0.3 JPY) or more within 10 minutes (sharp rise or sharp drop). After that, notifications for sudden fluctuations under the same conditions will be suspended for 1 hour.

polygon XAUUSD

You will receive a notification when the price fluctuates by more than 20 USD within one hour (sharp rise or sharp drop). After that, notifications for sudden price fluctuations under the same conditions will be paused for four hours.

polygon BTCUSD

You will receive a notification when the price fluctuates by more than 2,000 USD within one hour (sharp rise or sharp drop). After that, notifications for sudden price fluctuations under the same conditions will be suspended for four hours.

Return to Notification Settings