The EUR/USD has faced significant challenges in 2023, but still looks set to close the month and year on a positive note. The euro has gained about 2.3% against the dollar in 2023 in a relatively tight yearly range of just 827 pips, marking a relatively uneventful year for EUR/USD traders. While it added slight gains in the first and second quarters, those were all wiped out in the third quarter. In the fourth quarter, it has managed to recover a significant portion of those losses, although it remains below the year's peak of 1.12375 recorded in July. Persistent weak economic data from the Eurozone has hindered a ... (full story)
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2023-12-21 17:14:00Z
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