EUR/USD Forecast: Downside Risk Builds Below 1.1550 – 24 October 2025
The euro remained flat on Thursday, consolidating below key technical levels, with a break under 1.1550 potentially opening the door to deeper losses toward 1.14.

The euro remained flat on Thursday, consolidating below key technical levels, with a break under 1.1550 potentially opening the door to deeper losses toward 1.14.
The delayed US September CPI is set to be released at 14:30 CET. We forecast headline CPI at 3.1% y/y from 2.9% and core CPI inflation at 3.1% y/y from 3.1%. We see risks skewed towards a higher reading but think the bar for the Fed skipping its planned rate cut on 29 October is…
Gold has entered a phase of consolidation near $4,100 on Friday, following the volatility seen earlier in the week. Traders now eagerly await the US-China trade talks and US Consumer Price Index (CPI) data for a clear directional impetus.
The NASDAQ 100 climbed above the key 25,000 level on Thursday, maintaining its bullish trajectory with short-term pullbacks seen as fresh buying opportunities.
EUR/USD is finding it tough to build on Wednesday’s gains, briefly pushing through the key 1.1600 mark on Thursday before stalling. The move extends the bounce from recent multi-day lows, even as the US Dollar (USD) continues to strengthen and both US and German yields tick higher.
The XAU/USD pair trades with a better tone on Thursday, holding on to intraday gains in the $4,140 region. The US Dollar (USD) came under modest selling pressure after Wall Street’s opening, despite the better tone of American indexes, all trading in the green at the time of writing.