EUR/USD Trades Firmer Near 1.0350 As Traders Brace For German Retail Sales, FOMC Minutes
January 08, 2025 at 06:11 AM EST
EUR/USD edges higher to around 1.0350 in Wednesday’s early European session. Solid US economic data supports a Fed rate pause, which could lift the USD. Markets expect aggressive rate cuts by the ECB in 2025 despite the rise in inflation.