The EUR/USD currency pair continues to rise, marking a third consecutive day of gains. It is currently trading around 1.1520 during Friday’s Asian trading hours. Analysts note that the increase in the euro is largely due to a decline in the US Dollar, which appears to be influenced by a technical pullback.

This movement highlights the ongoing fluctuation in the forex market, where investors are keenly aware of economic indicators and geopolitical dynamics. With the euro gaining strength, traders will closely monitor upcoming data releases that could impact the pair’s volatility.