EUR/USD fell toward 1.1465 in Thursday’s Asian session, pressured by a risk-off mood as Middle East tensions rise. The focus shifts to speeches from ECB officials Lagarde, Nagel, and de Guindos for further guidance.
On Wednesday, the Fed held rates at 4.25%–4.50% and signaled a slower pace of cuts, citing inflation risks from Trump’s new tariffs. The FOMC still projects two cuts in 2025
Bloomberg reported the US may strike Iran in the coming days, raising safe-haven demand for the dollar and adding pressure on the euro. ECB’s Lagarde said rate cuts are nearly done and that the ECB is well-positioned to manage current uncertainties.
Resistance is located at 1.1475, while support is seen at 1.1415
On Wednesday, the Fed held rates at 4.25%–4.50% and signaled a slower pace of cuts, citing inflation risks from Trump’s new tariffs. The FOMC still projects two cuts in 2025
Bloomberg reported the US may strike Iran in the coming days, raising safe-haven demand for the dollar and adding pressure on the euro. ECB’s Lagarde said rate cuts are nearly done and that the ECB is well-positioned to manage current uncertainties.
Resistance is located at 1.1475, while support is seen at 1.1415
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.