EUR/USD TRADES SIDEWAYS AMID UNCERTAINTY OVER US-CHINA TRADE TALKS

EUR/USD TRADES SIDEWAYS AMID UNCERTAINTY OVER US-CHINA TRADE TALKS
The EUR/USD currency pair is consolidating in a narrow range around 1.1350, reflecting market indecision as investors await clarity on US-China trade negotiations.
EUR/USD is trading within a narrow band, hovering around the 1.1350 level, indicating a lack of directional momentum.
Ambiguity surrounding the progress of trade talks between the United States and China is contributing to market caution.
While some US economic indicators show strength, conflicting signals about trade policies and inflation are keeping traders on edge.
Market participants are awaiting key economic releases, including US GDP and inflation data, which could influence the Federal Reserve's monetary policy stance.
Recent data suggests that inflation in the Eurozone is stabilizing, which may impact the European Central Bank's policy decisions.