EUR/USD has rallied to two-week highs, currently trading above 1.1630 as it extends its gains for the sixth consecutive day. This upward momentum comes amid increasing focus on US manufacturing data, which is expected to influence the exchange rate significantly. The recent performance suggests a strong bullish sentiment among traders, indicating a robust demand for the euro against the US dollar.
As the market anticipates key manufacturing figures, the currency pair remains firm, reflecting a potential shift in investor confidence. Analysts are closely monitoring the economic indicators, which could further impact the USD's strength. Should the data show a positive trend, we may see additional volatility in the EUR/USD exchange rate, influencing trading strategies in the coming days.
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Data Source: FX Killer Analysis Team Updated: 2025-12-01 13:34
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.