The European Central Bank (ECB) is set to conclude its final two-day meeting of the year on Thursday, maintaining interest rates as inflation remains steady and economic growth moderates. Traders are closely monitoring the EUR/USD exchange rate, which has shown resilience around the 1.1000 mark. The decision will likely impact the euro's performance against other major currencies, including the USD.
Market participants anticipate that the ECB's cautious stance will support the euro in the short term, despite global economic uncertainties. Analysts suggest that the exchange rate may test key resistance levels if the ECB signals a commitment to maintaining current monetary policy. With inflation data remaining stable, the outcome of this meeting is crucial for shaping market sentiment and trading strategies in the coming weeks.
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Data Source: FX Killer Analysis Team Updated: 2025-12-18 10:48
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.