EUR/USD continued its downward trend on Wednesday, marking the sixth consecutive day of losses as it traded below the 1.1740 level. This decline follows a peak above 1.1800 last week, driven by a modest rebound in the US Dollar (USD). The market's reaction comes in the wake of the release of the December Federal Reserve Monetary Policy Meeting minutes, which impacted investor sentiment.
The current exchange rate reflects a cautious atmosphere in year-end trading, with liquidity thinning as traders adjust their positions. The struggle of the EUR/USD pair underscores the ongoing volatility in the forex market and suggests that the balance between the currencies may remain fragile as traders digest the implications of the Fed's latest insights.
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Data Source: FX Killer Analysis Team Updated: 2025-12-31 08:29
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.