The EUR/USD currency pair is experiencing a decline for the fourth consecutive day, trading around 1.1770 on Monday. This drop follows a peak just above 1.1800 reached last week, indicating a shift in momentum. The US Dollar (USD) is showing signs of recovery, albeit in a generally calm year-end trading environment.
Market participants are navigating thin volumes as the year winds down, contributing to the subdued price action. The recent movement in the exchange rate reflects a broader trend of USD strength, which could impact future trading decisions as the liquidity remains low and traders adjust their positions heading into the new year.
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Data Source: FX Killer Analysis Team Updated: 2025-12-29 08:31
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.