๐ EUR/USD Forecast: April 15โ17, 2025
Current Status: As of April 14, the EUR/USD pair closed at 1.1360, marking a 0.16% increase from the previous session.โ
Short-Term Outlook:
April 15: Analysts predict a potential rise to approximately 1.1530, with possible fluctuations between 1.1360 and 1.1700. 30Ratesโ
April 16: Forecasts suggest the pair may reach around 1.1484, indicating continued bullish momentum.
April 17: Projections indicate a possible increase to approximately 1.1727, reflecting ongoing positive sentiment.
๐๏ธ Influencing U.S. Economic Events--->
Several key U.S. economic events scheduled for this week could impact the EUR/USD exchange rate:
April 15: Release of the Import Price Index and the Empire State Manufacturing Survey. MarketWatchโ
April 16: Publication of Retail Sales data, Industrial Production figures, and a speech by Federal Reserve Chair Jerome Powell. MarketWatchโ
April 17: Announcement of Initial Jobless Claims and Housing Starts data. MarketWatchโ
These events are expected to provide insights into the U.S. economic outlook and may influence the Federal Reserve's monetary policy decisions, thereby affecting the EUR/USD exchange rate.โ
๐ Market Sentiment --->
Current market sentiment appears bullish for the EUR/USD pair, with forecasts indicating a potential increase of approximately 3.18% by the end of the week. โ
--Ryo