EUR/USD consolidates around 1.0300 in Thursday’s European session.
EUR/USD wobbles around 1.0300 as the US Dollar consolidates while traders re-evaluate the Fed ’s likely interest rate outlook for the entire year. Traders see at least one interest rate cut this year after mixed US inflation data for December. ECB ’s Villeroy sees the deposit facility rate sliding to 2% by the mid-year. EUR/USD consolidates around 1.0300 in Thursday’s North Americansession.
” The outlook of the Eurozone economy remains vulnerable as market participants worry that higher import tariffs by the US under Trump’s administration will weigh on the export sector significantly. Euro PRICE Today The table below shows the percentage change of Euro against listed major currencies today. The Euro was the strongest against the New Zealand Dollar. USD EUR GBP JPY CAD AUD NZD CHF USD 0.11% 0.27% -0.31% 0.32% 0.36% 0.41% -0.06% EUR -0.11% 0.15% -0.40% 0.21% 0.25% 0.30% -0.
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