The EUR/USD currency pair has experienced a decline for the second consecutive session, currently trading at approximately 1.1510 during the Asian hours on Monday. This slip comes despite cautious remarks from the European Central Bank (ECB), which have failed to bolster the euro against a strengthening USD.
Market sentiment remains tepid as traders digest the implications of the ECB's approach. The exchange rate near 1.1500 suggests vulnerability for the euro, with concerns lingering over economic growth in the Eurozone. As the USD maintains its momentum, the focus will be on upcoming economic data that could influence the direction of this key currency pair.
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Data Source: FX Killer Analysis Team Updated: 2025-11-24 01:39
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.