The EUR/USD currency pair held steady at 1.1650 on Friday, as traders awaited the upcoming Federal Reserve meeting. The exchange rate showed resilience, ending the week with a gain of 0.39%, reflecting a cautious optimism in the market. Trading activity remained subdued, influenced by both US inflation data and potential risks from the European Central Bank.
As investors anticipate the Fed's policy direction, the consolidation at this technical level suggests a careful approach among traders. Market sentiment is shaped by the interplay of rising inflation in the US and the ECB's stance, which could impact future movements in the USD and EUR. The focus now shifts to the Fed's decision, which could significantly alter the trading landscape for this key currency pair.
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: 2025-12-05 22:41
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.