The EUR/USD currency pair is facing downward pressure, trading below the 1.1750 mark as sellers emerged around 1.1745 during the early Asian session on Wednesday. The US Dollar (USD) gained momentum against the Euro (EUR) following the release of minutes from the Federal Reserve's December meeting, which highlighted a potentially more hawkish stance on monetary policy.
This shift in sentiment has contributed to a slight increase in the exchange rate of the USD, creating a challenging environment for the EUR. Traders are closely monitoring developments, as further indications from the Fed could influence future trading strategies and volatility in this major currency pair.
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Data Source: FX Killer Analysis Team Updated: 2025-12-30 23:18
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.