Saturday , 22 February 2025
Home Forex EUR/USD pinned into low end below 1.0700 once again
Forex

EUR/USD pinned into low end below 1.0700 once again

EUR/USD backslid into the 1.0680 region on Wednesday after the German GfK Consumer Confidence Survey for July ticked lower unexpectedly, and a lack of meaningful data during the American trading session left investors to chew on a cautious Federal Reserve (Fed) stance this week that saw rate cut bets shift lower.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Bitcoin or Ethereum?

Bitcoin or Ethereum: Which Crypto is the Better Investment in 2025?The Crypto...

German election preview: History will be made on Sunday, what to watch for

On Sunday, German voters go to the polls in a high-contested election....

FX Weekly Recap: February 17 – 21, 2025

The majors were all about trade tensions and central banks’ moves this...

Global Market Weekly Recap: February 17 – 21, 2025

Geopolitical developments continued to be a driving force in the markets, initially...