USD Weakness: The US Dollar weakened due to President Trump's threats of tariffs on European countries related to the potential purchase of Greenland, raising concerns about economic growth and future rate cuts.
EUR Resilience: Despite the tariff threats, the Euro remained relatively stable as the European Central Bank (ECB) maintains a neutral monetary policy stance, with inflation data supporting this approach.
EURUSD Technical Analysis: The EURUSD pair showed mixed signals, with sellers likely to target short opportunities near the downward trendline, while buyers await a breakout for potential gains.
Upcoming Economic Data: Key economic indicators, including US ADP jobs data and Eurozone Flash PMIs, are set to be released soon, alongside ongoing market reactions to Trump's comments on trade.
Wall Street analysts forecast USD stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for USD is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
Wall Street analysts forecast USD stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for USD is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
0 Hold
0 Sell
Current: 56.660
Low
Averages
High
Current: 56.660
Low
Averages
High
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
