The euro hovered near $1.17 as traders awaited Thursday’s European Central Bank decision. With rates expected to remain steady following eight consecutive cuts, policymakers tread cautiously amid strength in the euro and lingering U.S. tariff uncertainty. Meanwhile, EU officials are preparing contingency plans in case trade negotiations with President Trump collapse before the August 1 deadline.
Resistance for the pair is at 1.1830, while support is at 1.1660.
Resistance for the pair is at 1.1830, while support is at 1.1660.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.