Group 1 - The euro is currently trading around 1.1426 against the US dollar, showing a decline of 0.12% from the previous close of 1.1439 [1] - This week is significant for euro traders due to the release of two high-impact financial data points: the preliminary harmonized consumer price index (HICP) for May and the revised GDP for the first quarter [2] - A slowdown in the HICP data could weaken the euro, indicating reduced inflationary pressure in the eurozone, which may increase the likelihood of an interest rate cut by the European Central Bank (ECB) [2] Group 2 - The market anticipates a 25 basis point rate cut from the ECB, but actual actions may not sufficiently weaken the euro, as another cut is expected by year-end [2] - Political instability within Europe, particularly related to Ukraine and Palestine, continues to be a concern for euro traders [2] - Any progress in ceasefire negotiations in Ukraine could positively impact the euro, while easing trade tensions between the EU and the US may also support the euro [2] Group 3 - The initial support level for the euro against the dollar is at the 55-day moving average of 1.1175, with further support levels at the May low of 1.1064 and the psychological level of 1.1000 [2] - If these levels are breached, the euro may test the critical 200-day moving average support at 1.0815 [2] - Momentum indicators show divergence, with the average directional index (ADX) around 20 indicating weakening trend strength, while the relative strength index (RSI) breaking above 60 suggests increasing bullish momentum [2]
欧银决议叠加通胀数据 欧元或剧烈波动
Jin Tou Wang·2025-06-03 02:33