ForexNewsPlus Updates

EUR/USD Heads for $1.16 ECB Hawkishness Steadies Euro at $1.1622

EUR/USD is currently positioned at approximately 1.1622, exhibiting a narrow consolidation range as market participants prepare for the Federal Reserve’s concluding rate decision for 2025. The pair is positioned just above its 1.1605 support level, indicating a degree of investor uncertainty regarding the potential finality of the Fed’s 25-basis-point cut in this cycle. Current futures … Read more

EUR USD Up

EUR/USD Hits 1.1660 as Fed Cut Chances Soar to 90%

EUR/USD is currently positioned around 1.1665, holding steady above its recent breakout range following a rebound from 1.1525, a level that was previously identified as a significant Fibonacci zone. The pair holds steady as markets prepare for a pivotal Federal Reserve policy meeting anticipated to set the course heading into year-end. Market participants are aligning … Read more

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EUR/USD Holds at 1.1650, Powell’s Exit Fuels Bullish Push to 1.18

The EUR/USD pair continued its measured ascent this week, moving from 1.1630 to 1.1643, reaching intraday peaks at 1.1682 before pulling back slightly as Friday’s session concluded. This gradual increase indicates a buildup in anticipation of the Federal Open Market Committee meeting scheduled for December 11, 2025. Market participants expect a 25-basis-point reduction, resulting in … Read more