EUR/USD rally halts as fears of an AI bubble hurt risk appetite
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EUR/USD is practically flat on Thursday, trading at 1.1695 at the moment of writing, right below the almost two-month highs above 1.1700 hit on Wednesday. The risk-averse mood triggered by downbeat earnings data from Oracle has offset investors’ optimism following a dovishly tilted monetary policy statement by the Federal Reserve (Fed). Sales and revenue forecast released by the cloud computing giant Oracle on Wednesday missed market expectations. The company has made significant investments in AI technology, including a $300 billion deal with OpenAI, and plans to build AI data centers. Fears of an AI bubble are back on the table, sending Asian equity markets lower and pointing to a negative session in Europe. The risk-averse sentiment has provided some support to the safe-haven US Dollar, which had tumbled against most currency peers, following a less hawkish-than-expected monetary policy decision by the Fed on Wednesday. The US central bank cut interest rates by 25 basis points, as expected, but hawkish dissent was weak, and Chairman Jerome Powell showed more relaxed about inflation, which hints at further rate cuts in 2026. Euro Price Today The table below shows the percentage change of Euro (EUR) against listed major currencies today. Euro was the strongest against the Australian Dollar. USD EUR GBP JPY CAD AUD NZD CHF USD -0.00% 0.10% 0.05% 0.20% 0.54% 0.29% 0.00% EUR 0.00% 0.10% 0.05% 0.20% 0.54% 0.29% 0.00% GBP -0.10% -0.10% -0.04% 0.09% 0.44% 0.18% -0.10% JPY -0.05% -0.05% 0.04% 0.15% 0.50% 0.22% -0.03% CAD -0.20% -0.20% -0.09% -0.15% 0.35% 0.08% -0.19% AUD -0.54% -0.54% -0.44% -0.50% -0.35% -0.26% -0.53% NZD -0.29% -0.29% -0.18% -0.22% -0.08% 0.26% -0.28% CHF -0.00% -0.01% 0.10% 0.03% 0.19% 0.53% 0.28% The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the…
Filed under: News - @ December 11, 2025 9:32 am