EUR/USD remains stable around the 1.1600 level, currently trading at 1.1596, as the market experiences subdued activity due to the Thanksgiving holiday in the US. The lack of trading volume has contributed to a lack of significant movement in the currency pair, allowing the Euro to maintain its position against the pressured Greenback.
Market sentiment continues to be influenced by expectations that the Federal Reserve may consider reducing borrowing costs in the near future. This speculation keeps the USD under pressure, positioning the Euro for potential gains as the week concludes. Traders are closely monitoring these developments, as shifts in monetary policy could further impact the exchange rate dynamics of the EUR/USD pair.
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Data Source: FX Killer Analysis Team Updated: 2025-11-28 01:23
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.