EUR/USD is experiencing a moderate pullback, currently trading at around 1.1720. This comes after the currency pair reached a high of 1.1762 earlier in the week, marking its peak for over two and a half months. The recent decline has sparked interest among traders, particularly as the market anticipates insights from Federal Reserve speakers.
The shift in the exchange rate reflects market dynamics as participants adjust their positions ahead of potential commentary from Fed officials, which could provide clues about future monetary policy. As the EUR/USD pair navigates these fluctuations, traders remain focused on how these developments may influence the broader forex landscape and the strength of the USD against the EUR.
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Data Source: FX Killer Analysis Team Updated: 2025-12-12 14:20
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.