The Euro experienced a slight dip on Thursday as traders reacted to the latest US jobs data, which bolstered the Dollar ahead of the crucial release of the Federal Reserve’s Core Personal Consumption Expenditures (PCE) Price Index. This economic indicator is closely watched for insights into inflation trends that could influence future monetary policy.
At the time of writing, the EUR/USD currency pair is trading at 1.1649, reflecting a decrease of 0.19%. The movement in the exchange rate underscores the ongoing volatility in the forex market, with investors assessing the implications of employment figures on the Fed's potential interest rate decisions. As the market awaits the PCE data, further fluctuations in the Euro and Dollar are anticipated.
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Data Source: FX Killer Analysis Team Updated: 2025-12-04 22:42
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.