EUR/USD flat lines above 1.0800 as traders await fresh catalysts

EUR/USD flat lines above 1.0800 as traders await fresh catalysts
EUR/USD flat lines above 1.0800 as traders await fresh catalysts

The EUR/USD exchange rate is stable around 1.0810.

Traders are waiting for new information that could affect the market.

There are expectations that the Federal Reserve may not aggressively cut interest rates, which could strengthen the USD.

An official from the European Central Bank (ECB) stated there’s no rush to ease policies.

Investors are looking forward to Germany's GfK Consumer Confidence data, set to be released later today.

Read more