EUR/USD Stays Flat as Major Indices Soar
Despite major indices experiencing rallies, the Forex market remained stable in the early hours of Friday’s session. The EUR/USD pair traded around the 1.03 mark, indicating a period of consolidation. Other euro crosses showed positive momentum as risk appetite increased. Key European indices like Germany’s DAX and the UK’s FTSE 100 achieved new record highs. Traders should evaluate the current economic context. These developments can provide insights into potential movements in the EUR/USD pair in the near future.