EUR/USD continues to show weakness as it trades at four-week lows of 1.1690, reflecting a generally bearish sentiment among traders. As the currency pair starts the week, it mirrors the downturn witnessed in the previous week, with market participants bracing for significant US macroeconomic data releases ahead.
The anticipation surrounding these upcoming figures, combined with news of US intervention in Venezuela, is likely contributing to the subdued trading activity in the EUR/USD exchange rate. Traders are closely monitoring these developments, which could influence USD strength and further impact the euro's performance against the dollar throughout the week.
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Data Source: FX Killer Analysis Team Updated: 2026-01-05 11:20
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.