EUR/USD remains under pressure as it trades at 1.1635 on Thursday, hovering just above a one-month low of 1.1618. Despite the release of stronger-than-expected Eurozone Industrial Production figures, the pair struggles to breach the 1.1640 resistance level. This bearish sentiment reflects broader market concerns ahead of key US manufacturing data and speeches from Federal Reserve officials.
The ongoing uncertainty surrounding the USD continues to influence the exchange rate dynamics of the EUR/USD currency pair. As traders await further insights from Fed speakers, the potential for increased volatility looms, which could impact the dollar's strength and ultimately dictate the euro’s performance in the market.
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Data Source: FX Killer Analysis Team Updated: 2026-01-15 12:43
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.