The US Dollar (USD) has experienced a decline since Monday, aligning with previous forecasts from ING. This downward movement is attributed to a rise in optimism surrounding a potential peace deal in Ukraine, which appears to be bolstering European currencies. As a result, the EUR/USD exchange rate has shown signs of stability, reflecting the shifting market sentiment.
Traders are now observing short-term misvaluations that may necessitate a correction in the USD. With the current market dynamics, the USD's retreat could serve as a recalibration against the strengthening Euro and other major currencies, potentially influencing trading strategies in the coming days. As optimism around the geopolitical landscape continues to evolve, forex participants remain vigilant for further changes in currency pair dynamics.
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Data Source: FX Killer Analysis Team Updated: 2025-11-26 09:22
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.