The US Dollar (USD) experienced a slight pullback on Friday, testing three-day lows as market participants anticipated further interest rate cuts by the Federal Reserve. The ongoing speculation has led to a cautious trading environment, impacting the USD's performance against major currency pairs. As investors digest upcoming economic indicators, the focus shifts to US retail sales, producer prices, and German GDP figures.
The exchange rate dynamics are poised for volatility as these key economic releases come into play. Should retail sales and producer prices fall short of expectations, it may reinforce the Fed's dovish stance, exerting further pressure on the USD. Meanwhile, German GDP figures could influence the EUR/USD currency pair, potentially altering the trading landscape as traders adjust their strategies in response to the evolving data.
About FX Killer Trader Incubation Program
Want to become a professional trader? FX Killer offers a completely free professional trader training program. We provide systematic courses, practical training, and professional mentorship to help you grow from beginner to full-time trader.
👉 Join Free Training Program | Trading Psychology Assessment
Data Source: FX Killer Analysis Team Updated: 2025-11-24 19:13
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.