EUR/USD - Overview as of 24.01.2025

Financial and commodity markets analytics


EUR/USD quotes, generally holding within the downtrend, rose to 1.0450. The area around this level has repeatedly became first technical support and then resistance. В In this case, the situation is uncertain. It is connected, among other things, with events of the coming week, when market participants will know the decisions of the U.S. Federal Reserve System and the European Central Bank. decisions of the U.S. Federal Reserve and the European Central Bank on key rates. In addition, traders and investors will follow the comments of central bank representatives during the press conferences.