EUR/USD is maintained below the 1,1400 brand before the macroeconomic data of the Eurozone and the USA.

• The EUR/USD lowers Wednesday in the middle of a modest strength of the USD, although it lacks continuity.
• Betting for a more aggressive relief of politics by the Fed limit the USD’s bullish potential and support the torque.
• The operators now expect the main macroeconomic data of the Eurozone/US. in search of significant opportunities.

The Eur/USD pair is recovered from the neighborhood of 1,1300, or the minimum of the Asian session, although it lacks continuity amid a modest rebound of the US dollar (USD). Current cash prices are traded around the 1,1375 area and remain confined in a family range maintained during the last week.

The USD attracts buyers for the second consecutive day in the middle of a certain repositioning before the key macroeconomic data of this week. The shared currency, on the other hand, is undermined by DOVISH signals of the European Central Bank (ECB), which turns out to be another factor that acts as a wind against for the Eur/usd torque. In fact, operators are valuing approximately 75% probability of another rate cut by the ECB in June.

The bets were reaffirmed by the comments of the ECB Policies responsible, Olli Rehn, on Monday, who said that the underlying inflationary pressures in the Eurozone are decreasing and that we should not rule out timets of rates below the neutral rate. In addition, the member of the ECB Executive Board, Piero Cipollone, said Tuesday that uncertainty in commercial policy could reduce business investment in the euro zone and the growth of real GDP by around 0.2% in 2025-26.

However, USD bulls seem reluctant to make aggressive bets amid concerns that Trump’s erratic commercial policies could trigger a strong economic slowdown. To this is added the firm expectation that the Federal Reserve (Fed) will soon resume its cycle of feat cuts, which helps to limit the USD and acts as a tail wind for the EUR/USD torque, justifying a certain caution before positioning itself for a significant intradic descent.

The operators now expect the publication of the preliminary consumer price indices (CPI) of Germany, France and Italy, which, together with the preliminary report of the GDP of the Eurozone, will influence the shared currency. Meanwhile, the US economic agenda includes the ADP report on employment in the private sector, the anticipated GDP of the first quarter and the Personal Consumption Expenditure Price Index (PCE). This could boost the USD and provide some impulse to the EUR/USD.