fromLondon Business News | Londonlovesbusiness.com
2 weeks agoEUR/USD Remains Under Pressure as US Data Shows Weakness - London Business News | Londonlovesbusiness.com
EUR/USD has continued its downward trend since peaking around 1.2080 at the end of January, as the divergence in economic prospects between the United States and the Eurozone has become increasingly evident. This movement reflects the current macroeconomic landscape, where the US dollar remains supported by relatively stable growth and inflation that is still above target, while the Eurozone faces slower expansion and lacks sufficient policy momentum to trigger a meaningful shift in expectations.