The Euro (EUR) is holding steady against the US Dollar (USD) as it enters Thursday's North American session, showing no significant change in exchange rates. This consolidation follows a recent pullback, with the EUR/USD currency pair maintaining a flat range that has persisted since June. Analysts from Scotiabank note that the market is currently digesting this period of relative stability.
Adding to the day's trading dynamics, factory orders in the U.S. have surprised to the upside, which may impact expectations for economic growth and influence future USD movements. As traders monitor these developments, the EUR/USD remains a focal point, reflecting the broader economic sentiments that could shape upcoming trading sessions. Market participants are urged to keep an eye on this currency pair for any potential breakouts or shifts in momentum.
About FX Killer Trader Incubation Program
Want to become a professional trader? FX Killer offers a completely free professional trader training program. We provide systematic courses, practical training, and professional mentorship to help you grow from beginner to full-time trader.
👉 Join Free Training Program | Trading Psychology Assessment
Data Source: FX Killer Analysis Team Updated: 2026-01-08 14:57
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.