<\/p>\n
EUR\/USD gains slightly to near\u00a01.0410\u00a0in the North American\u00a0trading session on Friday. The major currency pair ticks higher while\u00a0the US Dollar (USD) trades flat after the release of\u00a0 United States<\/a> (US)\u00a0Personal Consumption Expenditures Price Index (PCE) data for January, which slowed in line with estimates.\u00a0The US Dollar Index<\/a> (DXY), which tracks the Greenback\u2019s value against six major currencies, clings to\u00a0Thursday\u2019s strong upward move to near 107.40.<\/p>\n The core PCE<\/a> inflation,\u00a0which is the Federal Reserve<\/a>‘s (Fed) preferred inflation gauge\u00a0that excludes volatile food and energy items, decelerated to 2.6%, as expected from 2.8% in December on year. Month-on-month core PCE inflation rose by 0.3%, faster than the 0.2% growth seen in December. An expected slowdown in the US inflation is expected to weigh on market expectations that the Fed will keep interest rates in the current range of 4.25%-4.50% for longer.<\/p>\n Earlier in the day, the US Dollar traded higher, as fresh tariff threats from US President Donald Trump increased the appeal of safe-haven assets.<\/p>\n On Thursday, President Trump communicated from his account on Truth Social that 25% tariffs on Canada and Mexico are \u201ccoming into effect on March 4\u201c as \u201cdrugs are still pouring\u201d into the economy from the borders of his North American allies. Trump also threatened to impose an \u201cadditional 10% levy on China\u201d on the same date as a large percentage of drugs entering the US is in the form of fentanyl, which is made in and supplied by China. Additionally, Donald Trump said he is poised to introduce reciprocal tariffs on April 2.<\/p>\n Market experts believe that Trump\u2019s tariff agenda will be pro-growth and inflationary for the US economy. Such a scenario would compel Fed officials to maintain a restrictive monetary policy stance.<\/p>\n On Thursday, Philadelphia Fed Bank President Patrick Harker supported maintaining interest rates at their current levels. Harker said that he believes the current level is optimal for bringing inflation back to the 2% target without harming the labor market and economic growth.<\/p>\n The table below shows the percentage change of Euro (EUR) against listed major currencies today. Euro was the strongest against the Japanese Yen.<\/p>\n The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Euro from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent EUR (base)\/USD (quote).<\/p>\n<\/div>\n<\/div>\nDaily digest market movers: EUR\/USD rises as Euro outperforms<\/h2>\n
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Euro PRICE Today<\/h2>\n
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\n \n\u00a0<\/th>\n USD<\/th>\n EUR<\/th>\n GBP<\/th>\n JPY<\/th>\n CAD<\/th>\n AUD<\/th>\n NZD<\/th>\n CHF<\/th>\n<\/tr>\n<\/thead>\n \n USD<\/th>\n \u00a0<\/td>\n -0.02%<\/td>\n 0.08%<\/td>\n 0.69%<\/td>\n -0.22%<\/td>\n 0.35%<\/td>\n 0.55%<\/td>\n 0.32%<\/td>\n<\/tr>\n \n EUR<\/th>\n 0.02%<\/td>\n \u00a0<\/td>\n 0.10%<\/td>\n 0.72%<\/td>\n -0.19%<\/td>\n 0.36%<\/td>\n 0.57%<\/td>\n 0.35%<\/td>\n<\/tr>\n \n GBP<\/th>\n -0.08%<\/td>\n -0.10%<\/td>\n \u00a0<\/td>\n 0.61%<\/td>\n -0.29%<\/td>\n 0.26%<\/td>\n 0.47%<\/td>\n 0.24%<\/td>\n<\/tr>\n \n JPY<\/th>\n -0.69%<\/td>\n -0.72%<\/td>\n -0.61%<\/td>\n \u00a0<\/td>\n -0.90%<\/td>\n -0.35%<\/td>\n -0.16%<\/td>\n -0.37%<\/td>\n<\/tr>\n \n CAD<\/th>\n 0.22%<\/td>\n 0.19%<\/td>\n 0.29%<\/td>\n 0.90%<\/td>\n \u00a0<\/td>\n 0.55%<\/td>\n 0.77%<\/td>\n 0.54%<\/td>\n<\/tr>\n \n AUD<\/th>\n -0.35%<\/td>\n -0.36%<\/td>\n -0.26%<\/td>\n 0.35%<\/td>\n -0.55%<\/td>\n \u00a0<\/td>\n 0.21%<\/td>\n -0.01%<\/td>\n<\/tr>\n \n NZD<\/th>\n -0.55%<\/td>\n -0.57%<\/td>\n -0.47%<\/td>\n 0.16%<\/td>\n -0.77%<\/td>\n -0.21%<\/td>\n \u00a0<\/td>\n -0.22%<\/td>\n<\/tr>\n \n CHF<\/th>\n -0.32%<\/td>\n -0.35%<\/td>\n -0.24%<\/td>\n 0.37%<\/td>\n -0.54%<\/td>\n 0.00%<\/td>\n 0.22%<\/td>\n \u00a0<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n Technical Analysis: EUR\/USD strives to hold ground near\u00a01.0400<\/h2>\n