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Interstellar Group

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EUR/USD Forecast: Euro holds bullish bias in last week of 2023

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2023-12

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2023-12-27
Market Forecast
EUR/USD Forecast: Euro holds bullish bias in last week of 2023
  • EUR/USD climbed to a fresh multi-month high near 1.1050.
  • The pair’s technical outlook suggests that the bullish bias remains intact.
  • This week’s economic calendar will not offer any high-impact data releases.

EUR/USD gained traction and registered small gains on Tuesday following the Christmas holiday. The pair continued to edge higher early Wednesday and reached its highest level since August near 1.1050.

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