The EUR/USD exchange rate continued to decline late Thursday afternoon, nearing the 1.0800 level. This drop followed an unexpected increase in the U.S. Services PMI, sparking fresh concerns that the Fed may reduce interest rates less than anticipated. As a result, investors flocked to the safe-haven U.S. Dollar, driving down the value of the EUR/USD pair despite earlier better-than-expected HCOB PMI figures.
Trade active
Join the community group for the earliest support on short scalping and trading strategies!
✅ Knowledge of trading
✅ Support Free Trading Signals win rate 80%
FREE Chanel Signals: t.me/+TkyS7Rg4jN9iZjk1
✅ Knowledge of trading
✅ Support Free Trading Signals win rate 80%
FREE Chanel Signals: t.me/+TkyS7Rg4jN9iZjk1