EUR/USD has reversed earlier gains during the European trading session, showing a lack of momentum as it hovers around the 1.1647 mark. After starting the day on a positive note, the currency pair has settled into a more stable pattern, reflecting cautious sentiment among traders in anticipation of upcoming US inflation data.
Market participants are closely monitoring the impending inflation figures, which could significantly influence the USD's performance. With the exchange rate remaining flat, uncertainty prevails as traders weigh the potential impact on monetary policy and broader economic conditions. As the focus shifts to the US data release, the EUR/USD may experience increased volatility, depending on the outcomes and market interpretations.
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Data Source: FX Killer Analysis Team Updated: 2025-12-05 13:31
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.