EUR/USD is holding steady near recent highs, trading at 1.1605 as the US session approaches. The currency pair has pulled back from the 1.1650 level reached on Monday, reflecting a period of relative stability in the forex market. This movement comes amid a backdrop of easing risk aversion as traders reassess their positions.
Despite an unexpected rise in Eurozone inflation and a higher unemployment rate, these economic indicators have had minimal impact on market sentiment. As the exchange rate fluctuates within this range, the focus remains on broader market dynamics that could influence future trading decisions. The current stability in EUR/USD suggests a wait-and-see approach among investors ahead of upcoming economic events.
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Data Source: FX Killer Analysis Team Updated: 2025-12-02 13:36
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.