2025-01-07 19:13

IndustryEUR/USD flat lines below mid-1.1100s ahead of Euro
EUR/USD lacks firm direction as traders await Eurozone inflation data before placing fresh bets. Fed Chair Jerome Powell’s hawkish remarks on Monday underpins the USD and caps the major. Bets for more rate cuts by the ECB contribute to keeping a lid on the pair ahead of the key data.
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EUR/USD flat lines below mid-1.1100s ahead of Euro
| 2025-01-07 19:13
EUR/USD lacks firm direction as traders await Eurozone inflation data before placing fresh bets. Fed Chair Jerome Powell’s hawkish remarks on Monday underpins the USD and caps the major. Bets for more rate cuts by the ECB contribute to keeping a lid on the pair ahead of the key data.
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