Idea for next week

EUR/USD concluded a stable week, trading around the 1.1170 mark, despite earlier momentum favoring the US dollar. Earlier in the week, the dollar surged—its fastest pace since early June—as markets anticipated insights from key Federal Reserve policymakers. However, no definitive data emerged to significantly sway the dollar's trajectory; rather, subtle market expectations about future Fed actions on interest rates seemed to influence movements.

Fed spokeswoman Adriana Kugler expressed support for the recent decision to implement a half-percentage point rate cut but remained non-committal about future monetary policy directions. Meanwhile, Atlanta Fed President Raphael Bostic cautioned against hastening rate reductions, suggesting that the Fed has the luxury of time before making further adjustments.