At the start of the week in the Tokyo market, the euro began at 1.0266 and rose to the low 1.03 range due to position adjustments ahead of Trump’s new administration. Later, reports from The Wall Street Journal suggested that tariffs would not be implemented on the first day of the new administration, pushing the euro up to 1.0430. Although there was some pullback afterward, the euro closed near its highs, indicating that some buying adjustments are still ongoing.
However, the euro remains in a selling trend, and once the current buying ends, it is expected to decline again.
EUR/USD Forecast Range: 1.0450 – 1.0350
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