EUR/USD is holding around 1.16600–1.16700. Demand for the dollar has eased on reports of political pressure on the US Federal Reserve: investors are treating US assets more cautiously and are partially reducing dollar positions. The euro is receiving moderate support, although overall market sentiment remains restrained ahead of US macroeconomic releases.
For the dollar, key drivers remain rate expectations and confidence in the predictability of the regulator’s policy. When uncertainty rises, Treasury yields fluctuate more and interest in alternative currencies increases. Inflation is also important: signs of slowing price growth raise the likelihood of lower rates later this year and limit the upside potential for USD strength.
In the euro area, inflation moved closer to target levels by the end of 2025, and the economy looks relatively resilient, supporting a scenario of a prolonged pause by the ECB. If nervousness around the US persists, the baseline risk for the pair is further dollar weakening and a gradual shift in EUR/USD higher as the market weighs fresh data on prices and consumption.
Trading recommendation: BUY 1.16600, SL 1.16400, TP 1.17300
For the dollar, key drivers remain rate expectations and confidence in the predictability of the regulator’s policy. When uncertainty rises, Treasury yields fluctuate more and interest in alternative currencies increases. Inflation is also important: signs of slowing price growth raise the likelihood of lower rates later this year and limit the upside potential for USD strength.
In the euro area, inflation moved closer to target levels by the end of 2025, and the economy looks relatively resilient, supporting a scenario of a prolonged pause by the ECB. If nervousness around the US persists, the baseline risk for the pair is further dollar weakening and a gradual shift in EUR/USD higher as the market weighs fresh data on prices and consumption.
Trading recommendation: BUY 1.16600, SL 1.16400, TP 1.17300
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.