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EURUSD - EUR/USD rallies after European inflation surges on all fronts

07-01-2025 02:32

The Euro bounces higher against the US Dollar for a third straight day in a row on Tuesday. A surprise uptick in German inflation and a bounce in the European Services PMIs are supporting the Euro.

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EUR/USD Faces Crucial Test Below 1.05 - Can the Rebound Turn Into a Breakout?

EUR/USD shows signs of a mild rebound, but the broader downtrend remains intact. Inflation data and Trump’s tariff stance could shift market dynamics this week. Key resistance around 1.0460 will be a ...

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EUR/USD Forecast: Euro tests key resistance level

Eurostat will publish December inflation data on Tuesday. On a yearly basis, the Harmonized Index of Consumer Prices (HICP) is forecast to rise 2.4% in December, up from the 2.2% increase recorded in ...

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Why the Euro Is Closing In on US Dollar Parity Again

Since the euro came into existence in 1999, the currency has traded at equal value to the US dollar only a handful of times. The last instance was in 2022, after Russia’s full-scale invasion of ...

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EURUSD Forecast: Is 2025 a Bullish Reversal Year?

Eurozone Inflation The EUR/USD ended 2024 on a bearish note, driven by the strength of the U.S. dollar, ECB rate cuts, and persistent challenges in the services inflation sector. The final ISM ...

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