The forex market remains attentive as the focus shifts to the release of the Federal Reserve's December meeting minutes. During this meeting, the Fed opted for a 25 basis points cut to its benchmark rate and hinted at a potential further reduction in 2026. As a result, the USD has stabilized against major currencies, trading within a narrow range against the EUR at an exchange rate of 1.07.
In contrast, gold prices have experienced a slight decline, reflecting the market's response to the anticipated Fed insights. Currently, gold is trading around $1,850 per ounce, influenced by the dollar's stability and shifting investor sentiment. Traders are keenly watching these developments, as the Fed's guidance could have significant implications for future currency pair movements and overall market dynamics.
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Data Source: FX Killer Analysis Team Updated: 2025-12-29 19:37
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.