EUR/USD PRICE FORECAST: NEAR-TERM CONSOLIDATION EXPECTED

Tina Collins

17 Jan 2025

EUR/USD resumed its recovery, briefly climbing above 1.0300.

The US Dollar weakened due to a decline in US yields and disappointing data (Retail Sales, Jobless Claims).

Dovish comments from Fed Governor Waller raised speculation about potential rate cuts.

Investors are uncertain about the Fed's next move and are cautious ahead of Trump’s inauguration.

Further market focus will be on EMU inflation and upcoming US data.

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BITCOIN PRICE STALLS AT $100.6K AS TRUMP-LINKED TOKENS GAIN POPULARITY

GOLD POISED FOR THIRD WEEKLY GAIN ON FEDERAL RESERVE RATE CUT BETS

Surprise Fed Statements: March Could See Interest Rate Cut

LITECOIN PRICE PREDICTION: LTC WHALES DEMAND SURGES