EUR USD

EUR/USD halts a three-day selloff to keep the Relative Strength Index (RSI) out of oversold territory.

EUR/USD is opening 2025 with a fresh two-year-low as sellers extend the bearish trend that started earlier this week. Parity is an obvious point of interest but there’s a big spot of possible support along the way at the 1.0200 handle.

It was a brutal Q4 for EUR/USD as the pair had its most bearish quarterly outlay since Q3 of 2022. But – that prior instance marked a key low and the final month of Q4 showed a higher-low in the pair.

See a technical preview of our full 2025 EUR/USD Outlook report!

See a preview of our full 2025 EUR/USD Outlook report!

EUR/USD has recorded a 2% decline over the last five sessions, favoring the dollar and placing the euro in a sustained bearish zone.

EUR/USD appears to be defending the yearly low (1.0333) as it rebounds from a fresh monthly low (1.0343).

EUR/USD has carved out a narrow range between 1.0470 and 1.0600 and unless the Fed delivers a meaningful surprise of some sort, that range may carry over.

Traders are eyeing the European Central Bank, which is set to announce its interest rate decision tomorrow. Market participants are eager to see if the ECB will maintain its cautious stance or signal any changes in policy amid the ongoing economic challenges in the Eurozone. This week’s developments could set the tone for EUR/USD outlook in the coming weeks.

EURUSD, DXY Forecast: the final reports for the economic calendar’s major events, including the US CPI and FOMC meeting, are due between today and next Wednesday, setting 2024’s final volatility wave ahead of the holidays and 2025’s narrative.

The US Dollar showed a strong support bounce since last Friday’s NFP report, setting the stage for resistance tests into tomorrow’s CPI and next week’s FOMC.

We think that the EUR/USD outlook leans modestly bearish, especially after Monday’s market optimism—fuelled by potential stimulus in China—provided a short-lived relief for risk assets. , ahead of US CPI and ECB rate decision, and the Fed's own rate decision in the following week.

EUR/USD snaps the series of higher highs and lows from last week after attempting to trade back above the former-support zone around the April low (1.0601).

Ahead of key macro events, the EUR/USD forecast remains modestly bearish, although the currency pair has found some love today thanks to optimism about more stimulus measures being introduced in China, one of the Eurozone’s major exports destinations.

EUR/USD rises with ECB rate decision & US CPI data due this week. Oil rises on geopolitical developments and China’s policy move.

Is the ECB gearing up for faster rate cuts just as the Fed taps the brakes? This week’s US inflation report and ECB decisions could set the tone for the pair heading into 2025.

Euro rallied nearly 3% off the yearly lows with the bulls threatening a larger offensive into the yearly close. Battle lines drawn on the EUR/USD weekly technical chart.