EUR/USD, Oil Forecast: Two Trades to Watch

From Investing.com: 2025-06-09 09:19:00

EUR/USD is holding above 1.14 as US-China trade talks take center stage. The USD rose after Friday’s NFP, while the EUR is supported as the ECB approaches the end of its rate-cutting cycle. Attention is on the trade talks, with signs of progress potentially boosting the US dollar. Oil prices look to the talks as well, holding onto gains from last week. Chinese data showed slower export growth and factory gate deflation, impacting oil imports. OPEC+ may increase supply hikes, affecting oil prices. Wildfires in Canada and strong US fuel demand also support oil prices.



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