EUR/USD treads water with Dollar firmer and EZ inflation easing
The post EUR/USD treads water with Dollar firmer and EZ inflation easing appeared on BitcoinEthereumNews.com.
EUR/USD hovers around its Wednesday’s opening price at around 1.1750 virtually unchanged amid a scarce economic docket in the US that witnessed a Dollar recovery. Meanwhile, inflation figures from the Eurozone (EZ) and business confidence deterioration in Germany, kept the single currency pressured. Single currency trades flat as softer Eurozone inflation and weak German sentiment offset dovish Fed rhetoric In the US, Atlanta Fed President Raphael Bostic crossed the wires, saying that the he expects GDP growth is solid and that he expects the trend to continue in 2026. Earlier, Fed Governor Christopher Waller struck neutral to dovish comments, saying that he supports further easing the next year. Ahead, the US docket will feature inflation figures and the US, and Initial Jobless Claims for the week ending December 13. Across the pond, inflation in EZ dipped a relief for the European Central Bank (ECB) which hinted that the easing cycle was done. German’s IFO Business Confidence poll reported that sentiment deteriorated for the second straight month. Traders’ eyes shift to ECB’s December monetary policy meeting, which is expected to be an event that would not move the needle, as President Christine Lagarde and Co., are expected to hold rates unchanged, for this meeting and for the whole next year. In the meantime, the conflict between Russia and Ukraine could be a headwind for the Euro. The Ukrainian President Zelenskiy exerts pressure on Europe, saying that they should use Russia’s frozen assets to end Putin’s appetite for war. Politico revealed that the US and Russia would hold talks over Ukraine war in Miami this weekend. Euro Price This week The table below shows the percentage change of Euro (EUR) against listed major currencies this week. Euro was the strongest against the Australian Dollar. USD EUR GBP JPY CAD AUD NZD CHF…
Filed under: News - @ December 17, 2025 11:27 pm