EURUSD: BUY 1.1700, SL 1.1640, TP 1.1825 | 30 June 2025

Event to pay attention to today:

15:30 EET. USD - Core PCE Price Index

17:00 EET. USD - UoM Consumer Sentiment

EURUSD:

EUR/USD continues its winning streak that began on June 18, trading near 1.1700 during Asian hours on Friday.

U.S. President Donald Trump in The Hague on the sidelines of the NATO summit called Federal Reserve Chairman Jerome Powell “terrible” and shared that he has several potential successors in mind.

On Thursday, French President Emmanuel Macron said he favors an early and fair trade agreement between the EU and the United States. However, Macron also warned that if the 10 percent tariffs from the U.S. remain, Europe will impose an equivalent tax on U.S. companies in response.

European Central Bank (ECB) Vice President Luis de Guindos said on Thursday, “The euro's role could increase if the European Union (EU) moves forward with reforms.”

Meanwhile, ECB chief economist Philip Lane said, “Our monetary policy will have to take into account not only the most likely path (core) but also the risks to activity and inflation.”

Trade recommendation: BUY 1.1700, SL 1.1640, TP 1.1825

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