EUR/USD Forecast

The EUR/USD currency pair's recent attempts to rebound have failed, with gains not exceeding the resistance level of 1.0354. Following the release of US

Despite the fact that the day started out rather positively for the euro, the reality is that it simply cannot hang on to gains. The Consumer Price Index had a chance of helping the euro, as it came in at 0.23% instead of 0.3%. The market is likely to look at this, at the very least, as a good sign or a potential cooling off of the US dollar. However, we have a keep in mind that the Federal Reserve still has a long way to go before they start loosening monetary policy, while the European Central Bank looks absolutely feckless at this point in time, and there’s almost no chance they would tighten monetary policy.

For the second consecutive trading day, the EUR/USD currency pair has attempted to halt its recent sharp decline, which extended to a low of 1.0177, the lowest

EUR/USD approaches parity as US economic strength and Eurozone challenges drive selling pressure, with oversold conditions offering a potential short-term bounce.

EUR/USD extends its decline below 1.02, targeting parity as bearish trends dominate, with any bounce likely presenting short-selling opportunities.

EUR/USD nears parity as stronger US economic data and inflation concerns drive selling pressure, with markets eyeing critical US inflation figures.

The Euro remains under pressure at 1.03 support, with rising US interest rates and potential parity in sight, as markets await non-farm payroll data.

The euro continues to weaken against the US dollar, driven by diverging economic fundamentals, with parity likely and rallies seen as shorting opportunities.

During yesterday's trading session, the EUR/USD pair attempted to rebound upwards, but its gains did not exceed the 1.0435 level before settling back down around 1.0335 at the time of writing this analysis.

EUR/USD approaches parity as bearish momentum builds, driven by US dollar strength, European energy challenges, and upcoming key economic data.

The Euro rallied on Monday but faced resistance near 1.0430, trimming its gains late in the session.

The EUR/USD faces its strongest bearish trend ahead of key US jobs data and Federal Reserve meeting minutes this week.

EUR/USD breaks below 1.03, with potential to test parity as ECB easing, U.S. dollar strength, and global uncertainty shape forex dynamics.

In the final trades of 2024, the Euro experienced increased losses against the US Dollar due to Trump's trade policies.

The euro ends 2024 near multi-year lows against the dollar, with bearish momentum expected to persist into early 2025.