The EUR/USD currency pair is experiencing a mild positive bias, currently trading around the 1.1525-1.1530 level, reflecting a modest increase of less than 0.10% for the day. This marks the second consecutive day of gains, although the movement lacks strong follow-through buying, keeping the exchange rate confined within the broader range established in the previous session.
The upward movement is primarily driven by diminishing expectations for Federal Reserve rate hikes, which are undermining the strength of the USD. As traders recalibrate their outlook on U.S. monetary policy, the EUR/USD pair is finding some support, even as it navigates within a tight trading range. The market's focus remains on upcoming economic indicators that could influence the direction of both currencies.
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Data Source: FX Killer Analysis Team Updated: 2025-11-25 03:52
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.