EUR/USD began the week on a downward trajectory, currently hovering around the 1.1600 mark. This movement extends Friday's reversal from session highs that exceeded 1.1650, reflecting a risk-off sentiment in the markets as traders await delayed US economic data.
The softer performance of the euro against the dollar highlights growing caution among investors, influenced by uncertainties surrounding upcoming economic indicators. As the exchange rate continues to fluctuate, market participants will closely monitor how upcoming US data could impact the trading dynamics of this key currency pair.
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Data Source: FX Killer Analysis Team Updated: 2025-11-17 08:27
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.