EUR/USD remains on the bid as the US dollar suffers. Risk-on mood prevails on an imminent Brexit deal. Brexit updates and pre-X-mas thin trading – key. EUR/USD eases from highs, clinging onto the 1.2200 level ahead of the European open. The bulls ride the Brexit optimism wave, with a potential breakthrough likely to be announced at 1100 GMT. The UK and the European Union are on the cusp of reaching a long-awaited Brexit trade deal. The optimism is the main driver behind the US dollar’s decline so far this Thursday, helping the upside in the main currency pair. Meanwhile, the sentiment also remains underpinned by the expectations of a US stimulus deal and coronavirus vaccine availability, which adds to the reduced demand for the greenback as a safe-haven. The upbeat US Durable Goods and Jobless Claims data fail to impress the dollar bulls, as the broader market sentiment continues to lead. The spot will continue to get influenced by the Brexit updates and risk flows amid holiday-thinned Christmas eve. Most major European markets are closed this Thursday, as traders move away to celebrate the pre-X-mas festivities. EUR/USD technical levels FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Asian Stock Market: Brexit, US stimulus hopes entertain bulls amid holiday mood FX Street 1 year EUR/USD remains on the bid as the US dollar suffers. Risk-on mood prevails on an imminent Brexit deal. Brexit updates and pre-X-mas thin trading – key. EUR/USD eases from highs, clinging onto the 1.2200 level ahead of the European open. The bulls ride the Brexit optimism wave, with a potential breakthrough likely to be announced at 1100 GMT. The UK and the European Union are on the cusp of reaching a long-awaited Brexit trade deal. The optimism is the main driver behind the US dollar’s decline so far this Thursday, helping the upside in the main currency pair. Meanwhile, the sentiment also… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
