EUR/USD Faces Downtrend as Eurozone Slows and Fed Maintains Hawkish Stance—What Traders Need to Know on August 5, 2025
EUR/USD remains under pressure on August 5, 2025, trading near 1.0800 amid Eurozone growth concerns and central bank rate divergence. The Fed’s hawkish stance supports the dollar while ECB easing prospects weigh on the euro. Technical outlook remains bearish with key support at 1.0780 and resistance near 1.0850. Further downside possible before a rebound. Full analysis by DailyForex.com’s Mahmoud Abdallah available now.
