EUR/USD consolidates within recent ranges as EU-US tensions de-escalate
The post EUR/USD consolidates within recent ranges as EU-US tensions de-escalate appeared on BitcoinEthereumNews.com.
EUR/USD is trading a few pips below the 1.1700 level at the time of writing on Thursday, practically flat on the daily chart, after the reversal from Tuesday’s highs at 1.1770 was halted 100 pips lower, at the 1.1670 area on Wednesday. US President Donald Trump toned down his threats against its European partners at the World Economic Forum in Davos, triggering a relief rally and allowing the US Dollar to regain some of the ground lost earlier this week. Trump stepped back on his threat to impose tariffs on European countries opposing his plans to annex Greenland and ruled out military action to take the island. Later on, he announced the framework of a deal with NATO on his social media account. The US president did not provide any details of the agreement, but the announcement helped ease tensions with Europe. As some calm returns to the markets, investors will shift their focus back to the macroeconomic data domain, where the US Personal Consumption Expenditures (PCE) Price Index and the Q3 Gross Domestic Product (GDP) figures might provide further insight into the path of the US Federal Reserve’s (Fed) monetary policy. In Europe, the European Central Bank’s (ECB) Monetary Policy Meeting Accounts and the German Bundesbank Monthly Report might provide some guidance to the Euro on Thursday. Euro Price Today The table below shows the percentage change of Euro (EUR) against listed major currencies today. Euro was the strongest against the Japanese Yen. USD EUR GBP JPY CAD AUD NZD CHF USD -0.01% -0.01% 0.27% -0.07% -0.66% -0.24% -0.07% EUR 0.01% -0.00% 0.28% -0.05% -0.64% -0.23% -0.05% GBP 0.01% 0.00% 0.28% -0.06% -0.65% -0.23% -0.06% JPY -0.27% -0.28% -0.28% -0.33% -0.90% -0.51% -0.32% CAD 0.07% 0.05% 0.06% 0.33% -0.58% -0.17% -0.00% AUD 0.66% 0.64% 0.65% 0.90% 0.58% 0.43% 0.58%…
Filed under: News - @ January 22, 2026 10:23 am