EUR/USD Stagnant Amid Holiday Calm: Will Fed Minutes Spark Volatility?

Description

Traders eyeing the EUR/USD pair witnessed a period of calm on Monday, as the currency pair hovered near the 1.0500 mark. The market’s subdued activity was largely attributed to the President’s Day holiday in the US, which thinned out trading volumes and order flows. After a four-day winning streak, the Euro bulls paused, taking a breather and reassessing their positions as the market awaits fresh catalysts. Will the calm persist, or is volatility lurking around the corner? Holiday Lull and EUR/U...