EUR/USD is trading nearly flat at 1.1585 as the market awaits the release of the FOMC minutes. The currency pair recently dipped to a fresh weekly low of 1.1565, following the publication of disappointing Eurozone inflation figures, which have heightened concerns about the euro's strength against the USD.
Market sentiment surrounding the Euro remains fragile, influenced by the ongoing economic indicators from the Eurozone. As traders position themselves ahead of the FOMC minutes, any insights into the Federal Reserve's monetary policy direction could impact the EUR/USD exchange rate significantly, potentially leading to further volatility in the coming sessions.
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Data Source: FX Killer Analysis Team Updated: 2025-11-19 14:19
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.