EUR/USD Price Forecast: US Dollar resumes its slide ahead of key data
The EUR/USD pair trades around 1.1750 on Monday, with the US Dollar (USD) under mild near-term pressure early in the American session.

The EUR/USD pair trades around 1.1750 on Monday, with the US Dollar (USD) under mild near-term pressure early in the American session.
Gold (XAU/USD) continues its bullish climb near all-time highs, supported by Fed rate cut expectations and USD weakness, with resistance at $4390 and key support at $4240.
Excessive valuations, high capital expenditures, and a dismal average return on invested capital raise red flags. More downside for Palo Alto Networks ahead?
USD/ZAR extends its decline beneath the 17.00000 mark, trading near two-year lows amid rand optimism and Fed-driven dollar softness, as traders brace for low-volume holiday conditions.
USD/MXN extends its decline below the critical 18.00000 level, with Fed-driven dollar weakness and historical volatility zones pointing to further downside risks amid thinning holiday liquidity.
USD/JPY rises on Friday as traders reassess Fed policy while the BOJ remains constrained. With strong rate differentials, dip-buying strategies are favored above 153.