EUR/USD has shown a positive turn on Wednesday, reversing its earlier declines in a relatively calm year-end trading session. After finding solid support at the 1.1720 level during the European morning, the currency pair is currently trading just above 1.1750 as the market approaches the US session.
The move reflects a slight recovery in the euro against the dollar, driven by a lack of significant economic data ahead of the new year. As market participants remain cautious, the exchange rate's stability at these levels suggests potential for further consolidation or movement depending on upcoming economic indicators and trader sentiment.
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Data Source: FX Killer Analysis Team Updated: 2025-12-31 12:41
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.