The EUR/USD pair is under pressure due to concerns about slowing inflation in the Eurozone and the European Central Bank’s (ECB) cautious approach. The ECB is maintaining a data-dependent stance, particularly attentive to economic indicators that may influence interest rates. With inflation moderating, the euro may remain vulnerable to further depreciation against the dollar, especially as U.S. yields continue to rise. The current environment reflects broader challenges for the euro amid economic and policy uncertainties .
