EUR/USD Finds Stability: Overview for January 09, 2024

<div><img width="360" height="360" src="https://blog.roboforex.com/wp-content/uploads/2023/06/EURUSD_2-360×360.jpg" class="attachment-thumbnail size-thumbnail wp-post-image" alt="EUR/USD analysis today" style="margin-bottom: 15px;" decoding="async" loading="lazy" /></div><p>The <a href="https://roboforex.com/beginners/info/charts/forex/eurusd/" data-internallinksmanager029f6b8e52c="35" title="EUR/USD">EUR/USD</a> pair has achieved a state of balance.</p>

<p>As of Tuesday, the primary <a href="https://blog.roboforex.com/blog/2020/06/19/how-to-choose-a-currency-pair-for-trading-in-forex/" data-internallinksmanager029f6b8e52c="142" title="Currency Pair">currency pair</a> is displaying a neutral stance, with the current EUR/USD rate resting at 1.0965.</p>

<p>Following a notably volatile first week of January, the market has finally settled at an equilibrium point. Investors, in response to robust employment statistics for December, have recalibrated their expectations regarding future actions by the US Federal Reserve. This adjustment has tempered the initial optimism for six <a href="https://blog.roboforex.com/blog/2019/10/22/trading-news-how-to-earn-on-interest-rates/" data-internallinksmanager029f6b8e52c="90" title="Interest rate">interest rate</a> reductions, with a potential delay to actions now anticipated in April, May, or even June.</p>

<p>The trajectory will be significantly influenced by the forthcoming statistics later this week, especially the December <a href="https://blog.roboforex.com/blog/2022/06/30/what-is-inflation-reasons-and-consequences/" data-internallinksmanager029f6b8e52c="220" title="Inflation">inflation</a> report. Projections indicate a 0.1% month-on-month growth in the Consumer Price Index (<a href="https://blog.roboforex.com/blog/2021/08/25/what-is-consumer-price-index-and-how-to-use-it-in-forex/" data-internallinksmanager029f6b8e52c="197" title="CPI">CPI</a>), mirroring the increase seen in November, while core prices are expected to remain unchanged.</p>

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<a href="https://my.roboforex.com/en/register/">Open Trading Account</a></p><p>The post <a href="https://blog.roboforex.com/blog/2024/01/09/eur-usd-finds-stability-overview-for-january-09-2024/">EUR/USD Finds Stability: Overview for January 09, 2024</a> appeared first at <a href="https://blog.roboforex.com">R Blog – RoboForex</a>.</p>