EUR/USD is currently trading at 1.1715, reflecting a notable retreat from its recent highs above the 1.1800 mark achieved earlier this week. The currency pair is consolidating losses following the release of disappointing economic data from the Eurozone, which has weighed on the euro and shifted market sentiment.
The soft data appears to be influencing traders' outlooks, with the euro struggling to regain momentum against the USD. As the exchange rate hovers near recent lows, market participants will be closely monitoring upcoming economic indicators for further direction. The current trading levels suggest ongoing volatility as the EUR/USD pair navigates these developments.
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Data Source: FX Killer Analysis Team Updated: 2025-12-17 15:23
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.