EUR/USD extended its decline for a third straight session, trading near 1.1240 during Thursday’s Asian hours. Market attention is now turning to key upcoming U.S. economic releases, including Q1 Annualized GDP, quarterly PCE Prices, and weekly Jobless Claims. The U.S. dollar gained strength following a federal court decision on Wednesday, which blocked former President Trump’s attempt to enforce "Liberation Day" tariffs, ruling the measure unconstitutional and beyond presidential authority, according to a Manhattan court panel.
The key resistance is located at 1.1290 and the first support stands at 1.1200.
The key resistance is located at 1.1290 and the first support stands at 1.1200.
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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.