EUR/USD Trades Calmly Ahead of Holiday Shortened Week as Fed Supports Rate Cut Cycle
In Monday’s European session, EUR/USD quietly trades around 1.0440. This major currency pair remains in a limited range due to thin trading volume, influenced by Christmas Eve and Boxing Day. Market participants anticipate a shallow rate-cut cycle backed by the Federal Reserve. With the holidays approaching, trading activity has slowed. Investors will monitor economic indicators in the upcoming week, which may influence future currency movements. For now, traders focus on maintaining positions in a cautious environment.
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