EUR/USD has rebounded during the European trading session, showcasing resilience as it trades near the 1.1750 mark, approaching last week’s peak of 1.1762. This uptick follows positive data from the Eurozone, where factory output exceeded expectations, boosting sentiment around the euro against the USD.
The stronger performance of Eurozone manufacturing has provided a lift to the currency pair, indicating growing economic strength in the region. As traders closely monitor these developments, the exchange rate movement reflects an ongoing tug-of-war between the euro and the dollar, underscoring the potential for further fluctuations in the trading landscape.
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Data Source: FX Killer Analysis Team Updated: 2025-12-15 11:41
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.