EUR/USD ended the week around 1.1640, reflecting a loss of 0.70% as the Dollar continued to assert its dominance in the forex market. The currency pair slipped 0.20% on Friday, despite the release of mixed economic data from the US. While the European Union saw retail sales surpass expectations, market sentiment remained largely influenced by the strength of the USD.
Traders are closely monitoring the dynamics of the US economy and its implications for the exchange rate. As the Dollar maintains its bullish momentum, the outlook for the EUR/USD pair appears bearish, with potential for further declines in the coming weeks. The focus on US economic indicators suggests that any significant developments could drive the currency pair's trading direction.
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Data Source: FX Killer Analysis Team Updated: 2026-01-09 22:20
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.