EUR/USD Expected to Hold Around 1.09 After Fiscal Package Approval

EUR/USD is maintaining its position above the 1.09 mark following the German Bundestag’s approval of a large fiscal package. Analysts from Danske Bank emphasize that this development could provide the support needed for the euro to consolidate against the dollar in the near term.

As both currencies react to fiscal policies and economic indicators, traders are poised for potential action. Upcoming economic reports may push the pair either way, making it essential for investors to stay updated.