EUR/USD - Overview as of 23.05.2025

Financial and commodity markets analytics


The US currency is facing pressure after four weeks of growth: investors are increasingly concerned about the sustainability of Washington's fiscal policy. Market participants are cautiously reacting to increasing signals about possible reduction of the Fed's rates, as well as the growth of public debt. As a consequence, the demand for the dollar is weakening, which is reflected in the strengthening of other currencies, including the euro.EUR/USD tested the support zone (1.1200-1.1270), and the weakening dollar helped the quotes to grow. However, this growth does not look convincing yet. To maintain the upward trend, the market needs to confidently overcome the local range of 1.1360-1.1380.