The EUR/USD pair is cautiously advancing, exploring potential growth opportunities.

On Monday, the primary currency pair is exhibiting a measured rise, with the current EUR/USD exchange rate at 1.0795.

Despite Friday's closure with a decline, marking the fourth consecutive week of losses, the market seemed unfazed by the revision of December's US consumer price statistics. While the figures rose less than expected, core inflation remains relatively high. However, investors remain confident that the Federal Reserve will proceed with interest rate cuts in May.

Although the market eagerly anticipates an interest rate cut, the Federal Reserve appears in no rush. Monetary policymakers view the market as functional, emphasizing the need for more data to make informed decisions.

Today's macroeconomic calendar lacks significant events for both the US and Europe, leaving investors to analyze the available information.

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