The U.S. dollar is holding steady today as investors await fresh guidance from upcoming inflation and growth indicators. Meanwhile, both the euro and the pound are struggling to find direction. European fundamentals remain mixed—soft growth on one side, stabilizing inflation on the other. This combination is keeping EUR/USD and GBP/USD in a consolidating pattern. Short-term price action suggests that currencies may continue to move sideways until new data provides a clearer narrative for the week.
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