EUR/USD Struggles Below 1.1473 Despite Recent Rebound
The EUR/USD pair experienced a rebound of 1% overnight, yet it remains below the 1.1473 high achieved last Friday. Anticipation grows as traders expect the European Central Bank to lower rates by 25 basis points to 2.25%. Economic analysts, including DBS strategist Philip Wee, highlight the potential impact of euro strength and US tariffs on disinflationary pressures. As the market awaits the central bank’s decision, EUR/USD may continue to exhibit volatility. Track this pair closely for potential trading opportunities.