EURUSD opened at 1.141, with a high of 1.143 and low of 1.141 as of 07:00 AM WIB. The euro faces pressure from a U.S. dollar strengthened by month-end flows and tariff optimism. Today’s U.S. core PCE price index, a key inflation gauge, drops at 8:30 PM WIB, with a consensus of 2.6% year-over-year. A higher figure could bolster the dollar, pushing EURUSD to 1.139 support, while a lower one might lift it to 1.145 resistance.
Web sources note Fed rate hike speculation, while analysts sentiment highlights trader focus on this data as a month-end marker. The tight range suggests consolidation, but volatility is likely post-8:30 PM WIB, potentially dropping to 1.137 or rising to 1.147. Check Economic Calendar update for get real time data at Tools pages! For passive gains, copy my copy strategy at Exness with low spreads. Visit tradegoldnow.com/daily-blog for more!