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EUR Market Update 11 Mar 2026

The euro is currently consolidating around 1.1645 against the US dollar, supported by rising oil prices and shifting US Federal Reserve rate expectations. Despite some caution against the British pound, the euro remains resilient, with a gradual appreciation outlook driven by European economic stability and easing inflation pressures. Traders should watch US economic data and geopolitical developments for potential shifts.

EUR/USD outlook: Likely sideways

Expected range: 1.1575–1.1927

Key driver: interest-rate differentials

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