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

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

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