EUR/USD Holds Steady Near 1.1150 Ahead of Eurozone PMI Data
EUR/USD Holds Steady Near 1.1150 Ahead of Eurozone PMI Data The EUR/USD pair remains steady around 1.1160 during Monday’s Asian trading session. The US Dollar (USD) could weaken due to the increasing possibility of further interest rate cuts by the Federal Reserve (Fed) in 2024, which may support the EUR/USD pair. Last week, the US […]
EUR/USD Holds Firm above 1.0980, Markets Cautious Ahead of US PPI Data
EUR/USD Holds Firm above 1.0980, Markets Cautious Ahead of US PPI Data During the early European session on Friday, the EUR/USD pair maintains its position above the 1.0980 level. Following a retreat from its weekly high of 1.1065 following US inflation data, the major pair has remained in positive territory for a third consecutive day. […]