The EUR/USD is holding steady around 1.0845 following recent declines, with attention now turning to the US Personal Consumption Expenditures (PCE).

During the early European session on Friday, the EUR/USD remains stable around 1.0850 after a decline in the preceding session. Furthermore, the US Dollar gained profits on Thursday due to better-than-expected US GDP data, serving as a hindrance for the pair. If the EUR/USD continues its decline and breaches the 2024 bottom of 1.0821 (recorded … Read more