EUR/USD holds near lows against a firm US Dollar in cautious trading
The post EUR/USD holds near lows against a firm US Dollar in cautious trading appeared on BitcoinEthereumNews.com.
EUR/USD shows marginal gains, trading at 1.1590 at the time of writing on Wednesday after bouncing from the previous day’s lows at 1.1570. Still, the pair remains trapped within previous ranges, with the 1.1600 level capping bulls. The risk-averse sentiment, as global equity markets are selling off, is limiting the US Dollar’s (USD) downside attempts. US economic data, however, has not been particularly supportive for the Greenback. US Initial Jobless Claims grew beyond expectations in the week of October 18, and the US ADP Employment Change weekly report showed that businesses shed an average of 2,500 jobs per week in the four weeks ending on November 1. All in all, figures reflect a weakening labour market. Bets of a Federal Reserve (Fed) interest rate cut in December have inched higher, but the Richmond Fed President, Thomas Barkin, affirmed on Tuesday that committee members might need more data to decide on rates. In the Eurozone, on Wednesday, the focus is on the final release of October’s Harmonized Index of Consumer Prices (HICP), while in the US, all eyes will be on the minutes of the October Fed meeting, which are due to be released at 19:00 GMT. Euro Price Today The table below shows the percentage change of Euro (EUR) against listed major currencies today. Euro was the strongest against the New Zealand Dollar. USD EUR GBP JPY CAD AUD NZD CHF USD -0.04% 0.05% -0.03% 0.12% 0.32% 0.43% 0.00% EUR 0.04% 0.09% 0.00% 0.16% 0.36% 0.50% 0.05% GBP -0.05% -0.09% -0.08% 0.07% 0.27% 0.40% -0.04% JPY 0.03% 0.00% 0.08% 0.15% 0.36% 0.46% 0.04% CAD -0.12% -0.16% -0.07% -0.15% 0.20% 0.31% -0.11% AUD -0.32% -0.36% -0.27% -0.36% -0.20% 0.11% -0.31% NZD -0.43% -0.50% -0.40% -0.46% -0.31% -0.11% -0.43% CHF -0.01% -0.05% 0.04% -0.04% 0.11% 0.31% 0.43% The heat map shows percentage…
Filed under: News - @ November 19, 2025 9:30 am