The EUR/USD currency pair is positioned for potential gains in December, having successfully held the 1.15 support level throughout November. According to Philip Wee, Senior FX Strategist at DBS, this stability is bolstered by signs that European Central Bank (ECB) President Christine Lagarde will indicate that current interest rates are appropriate, which could further strengthen the euro.
As the Eurozone economy remains resilient and conditions in France stabilize, the outlook for the euro appears favorable. Traders are closely monitoring these developments as they could influence the exchange rate dynamics between the EUR and USD, potentially leading to increased upward momentum for the euro against the dollar in the coming weeks.
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: 2025-12-01 13:35
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.