The DXY index continues to hold steady at elevated levels, indicating strong dollar performance. The ongoing conflict between Hamas and Israel appears to be on track towards a resolution in the near future, offering a glimmer of hope for peace in the region. Meanwhile, the Federal Reserve (FED) is currently anticipating no further interest rate hikes, signaling a cautious approach towards monetary policy adjustments. This reflects their commitment to carefully monitor economic conditions before implementing any significant changes.
It seems like this might be a good opportunity to go long on EUR/USD. This is not financial advice, and responsibilities are excluded.