The legend in the InstaSpot team!
Legend! You think that's bombastic rhetoric? But how should we call a man, who became the first Asian to win the junior world chess championship at 18 and who became the first Indian Grandmaster at 19? That was the start of a hard path to the World Champion title for Viswanathan Anand, the man who became a part of history of chess forever. Now one more legend in the InstaSpot team!
Borussia is one of the most titled football clubs in Germany, which has repeatedly proved to fans: the spirit of competition and leadership will certainly lead to success. Trade in the same way that sports professionals play the game: confidently and actively. Keep a "pass" from Borussia FC and be in the lead with InstaSpot!
Today, on the last day of the week, Friday, the European Central Bank released data on negotiated wage rates in the eurozone for the fourth quarter (Q4) of 2025. According to the published figures, negotiated wage rates in the eurozone increased by 2.95% year-on-year in Q4, following a revised 1.89% increase in the previous period.
The rise in negotiated wage rates in the EU has had little impact on the euro (EUR), and the EUR/USD pair continues to show weakness.
The ECB's methodology for calculating negotiated wage growth covers a limited number of countries. The aggregated eurozone statistics are based on data from nine countries: Germany, France, Italy, Spain, the Netherlands, Belgium, Finland, Austria, and Portugal.
The indicator relies on data regarding negotiated monthly wages and combines monthly and quarterly series using non-harmonized national data from individual countries.
On the U.S. dollar side, expected macroeconomic labor market indicators suggest unexpectedly strong resilience. In addition, the January FOMC meeting minutes and hawkish comments from Federal Reserve officials have prompted investors to revise their monetary policy expectations, reducing assumptions of rapid easing.
Combined with rising geopolitical tensions, this supports the U.S. dollar as a safe-haven asset, which today set a new monthly high and continues to put pressure on the EUR/USD pair.
At the same time, updated expectations of an interest rate cut by the European Central Bank are weakening the euro and further reinforcing the pair's downward bias.
Today, for better trading opportunities, attention should be paid to the release of the U.S. Personal Consumption Expenditures (PCE) Index data, which could provide new momentum to the pair.
From a technical perspective, the EUR/USD pair has fallen below the 50-day SMA today, favoring the bears. In addition, the Relative Strength Index has dropped below 50, which also strengthens the bearish outlook. If the pair fails to hold support at 1.1740, it could accelerate its decline toward the round level of 1.1700. However, if prices move back above the 50-day SMA, a test of the round 1.1800 level is quite likely.
The table below shows the percentage change of the euro against major currencies for the current day. The euro showed the greatest weakness against the British pound.
*এখানে পোস্ট করা মার্কেট বিশ্লেষণ আপনার সচেতনতা বৃদ্ধির জন্য প্রদান করা হয়, ট্রেড করার নির্দেশনা প্রদানের জন্য প্রদান করা হয় না।
ইন্সটাফরেক্স বিশ্লেষণমূলক পর্যালোচনাগুলো আপনাকে মার্কেট প্রবণতা সম্পর্কে পুরোপুরি সচেতন করবে! ইন্সটাফরেক্সের একজন গ্রাহক হওয়ায়, দক্ষ ট্রেডিং এর জন্য আপনাকে অনেক সেবা বিনামূল্যে প্রদান করা হয়।
