EUR/USD Forecast: Euro looks to renew 2024-high

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EUR/USD Forecast: Euro looks to renew 2024-high
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EUR/USD gathered bullish momentum and gained 0.4% on Thursday.

EUR/USD holds above 1.1150 after closing in positive territory on Thursday. The near-term technical outlook suggests that the bullish potential remains intact. In the absence of high-tier data releases, investors could react to changes in risk perception. The pair holds its ground and trades modestly higher on the day above 1.1150 in the European morning on Friday. Euro PRICE This week The table below shows the percentage change of Euro against listed major currencies this week.

1135 aligns as interim support ahead of 1.1100 and 1.1080 . Euro FAQs What is the Euro? The Euro is the currency for the 20 European Union countries that belong to the Eurozone. It is the second most heavily traded currency in the world behind the US Dollar. In 2022, it accounted for 31% of all foreign exchange transactions, with an average daily turnover of over $2.2 trillion a day.

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