Daily Analysis

The euro edged down to $1.1338 on Wednesday, pressured by political uncertainty in Germany and caution ahead of the Federal Reserve’s rate decision. 

The euro slipped to $1.1315 on Tuesday, pressured by dollar strength ahead of the Federal Reserve’s rate decision. The yen also weakened toward 144, while gold surged to nearly $3,360 as renewed tariff threats increased safe-haven demand. 

The euro edged up to $1.1340 as the U.S. dollar weakened on expectations that the Federal Reserve will hold rates steady this week. The yen gained slightly amid ongoing trade talks and a dovish Bank of Japan outlook. 

The euro dipped to $1.13 after a strong April, while the yen hovered near 146 amid fading safe-haven demand. Gold and silver extended losses as President Trump voiced optimism over trade deals with key Asian partners, easing tariff concerns. 

EUR/USD dropped to a two-week low near 1.1300 despite soft U.S. data, as hopes of potential trade deals lifted the dollar.

The euro rebounded toward 1.1375 but remained range-bound as dovish ECB rhetoric capped the upside. The yen fell to 142.4 after weak Japanese data, while the pound slipped to 1.338, still near a two-year high, supported by limited UK tariff exposure. 

The euro slipped to 1.1415 as ECB rate cut bets strengthened, while the pound fell on growing BoE easing expectations. 

EUR/USD slipped near 1.1360 as dollar strength and expectations of a dovish ECB weighed on the euro. The Japanese yen neared 144 against the dollar, pressured by improving global trade sentiment and ahead of renewed U.S.-Japan trade talks.