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Story perspectives

EUR/USD Uptrend Ahead of Key US-EU Talks

5/29/2025

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Story summary
  • Forex analyst Mahmoud, with 12 years of experience, shares insights on Arabic financial platforms.
  • The EUR/USD trend shows an upward movement, with support at 1.1290 and resistance at 1.1385.
  • Market direction hinges on upcoming US-EU trade talks and Federal Reserve meeting minutes.
  • Recent tariff policy changes by Trump have alleviated some Eurozone economic worries.
  • Analysts assert that the Euro is unlikely to surpass the US dollar as the leading global currency.