The EUR/USD currency pair ended the week near the 1.1640 level, posting a weekly loss of around 0.7%. The fall came as the US Dollar remained strong against major global currencies.
Euro
Euro Struggles: EUR/USD Slides as Dollar Strengthens Again
The euro is facing sustained selling pressure, primarily driven by a robust US dollar. The greenback is being bolstered by rising Treasury yields and fading market expectations for an early start to the Federal Reserve’s easing cycle.