📊📊📊📊📊
#eurusd
🇪🇺🇺🇸The EUR/USD pair is trading at 1.1650.
🏛 The European currency is receiving support amid expectations that the European Central Bank (ECB) will keep interest rates unchanged after the regulator's leadership stated that the easing cycle is likely over. Interest rate futures now suggest only a small chance of further cuts before the end of 2026.
📰 Improved market sentiment is also helping euro buyers. US President Donald Trump signed a trade agreement with Japan today and remained positive about a deal with China, which could be reached by the end of the week. Earlier, US Treasury Secretary Scott Bessent noted that the threat of 100% tariffs has been removed from the agenda, as China agreed to postpone restrictions on rare earth elements during negotiations in Malaysia over the weekend.
📊 Traders are now awaiting preliminary inflation data for Germany for October and gross domestic product (GDP) data for the eurozone for the third quarter, which will be released later on Thursday.
#eurusd
🇪🇺🇺🇸The EUR/USD pair is trading at 1.1650.
🏛 The European currency is receiving support amid expectations that the European Central Bank (ECB) will keep interest rates unchanged after the regulator's leadership stated that the easing cycle is likely over. Interest rate futures now suggest only a small chance of further cuts before the end of 2026.
📰 Improved market sentiment is also helping euro buyers. US President Donald Trump signed a trade agreement with Japan today and remained positive about a deal with China, which could be reached by the end of the week. Earlier, US Treasury Secretary Scott Bessent noted that the threat of 100% tariffs has been removed from the agenda, as China agreed to postpone restrictions on rare earth elements during negotiations in Malaysia over the weekend.
📊 Traders are now awaiting preliminary inflation data for Germany for October and gross domestic product (GDP) data for the eurozone for the third quarter, which will be released later on Thursday.
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