EUR/USD remains relatively stable, trading around 1.1750, unchanged from Wednesday's opening price. The US Dollar has shown signs of recovery amid a quiet economic calendar, lending support to the USD against its European counterpart. This stability in the currency pair reflects a broader sentiment in the market, as traders await more significant data releases.
Pressure on the Euro is reinforced by easing inflation figures from the Eurozone and a decline in business confidence in Germany. These developments contribute to a cautious outlook for the single currency, leaving the EUR vulnerable in the near term. As traders assess the implications of these economic indicators, the exchange rate dynamics of EUR/USD will likely continue to fluctuate based on sentiment and data-driven insights.
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Data Source: FX Killer Analysis Team Updated: 2025-12-17 23:19
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.