Market activity remained subdued on Christmas Eve, with many traders on the sidelines. The EUR/USD currency pair traded at 1.2250, maintaining a steady exchange rate amid low volatility. Meanwhile, the USD/JPY pair hovered around 114.50, reflecting a stable demand for the Japanese yen as investors adopted a cautious stance ahead of the holiday.
Liquidity constraints led to limited price movements across major pairs, with the GBP/USD remaining flat at 1.3500. Analysts noted that the holiday season typically brings reduced trading volumes, which can result in erratic price fluctuations. The focus now shifts to potential market reactions to upcoming economic data releases in the new year, which may influence currency pair dynamics and trading strategies.
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Data Source: FX Killer Analysis Team Updated: 2025-12-24 08:28
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.