The EURUSD pair is currently trading below the 1.1250 mark, extending its losing streak for the third consecutive session. The pair is hovering around 1.1240 during Asian trading hours as traders anticipate the upcoming release of critical US economic data.

This downward movement reflects the US dollar’s ongoing strength in the forex markets, particularly in light of expected announcements on the preliminary Q1 Gross Domestic Product, Personal Consumption Expenditures Prices, and Initial Jobless Claims. Investors should remain attentive to potential volatility as these economic indicators unfold.