EUR/USD - Overview as of 28.04.2025

Financial and commodity markets analytics


There is a respite on the world currency markets: investors and traders are taking a break, waiting for fresh data on the US labor market. Strong statistics can again strengthen the U.S. currency, increasing expectations of the continuation of the Fed's high interest rate policy.According to the results of last week, it is worth noting that the spring meetings of the IMF and the World Bank ended without specific agreements on tariffs and trade restrictions. Despite active discussions, the participants could not come to a unified position. The general mood remained gloomy.EUR/USD quotes remain in the support zone: 1.1200-1.1400, which we have already written about. The market needs a catalyst for further developments.