
Economic growth data from Germany and the Eurozone came out as expected, so there was little market reaction.
The euro went up for a short time after weak U.S. growth data was announced, but later fell back to the lower 1.13 level because U.S. consumer spending remained strong.
As the deadline for tariff talks gets closer, many believe the EU will make compromises.
This is keeping the euro from rising further.
Also, today is Labor Day in Europe, so markets are closed in many countries, and price changes will likely be small.
Euro-Dollar forecast range: 1.1250 – 1.1380
Note: This information does not guarantee profits. Please make your own decisions when trading.