The EUR/USD pair moved higher near the 1.1460 level on Thursday, supported by robust European economic data and weaker-than-expected US growth figures, according to FX Street. These factors weighed on the US Dollar, providing upward momentum for the euro.
Additionally, the Greenback faced pressure after the Federal Reserve decided to keep interest rates steady in the 3.50%-3.75% range during its policy meeting on Wednesday. This decision further contributed to the euro's gains against the dollar.
For Japanese investors, the EUR/USD movement reflects broader global trends that may influence carry trade strategies and risk sentiment in FX and equity markets.
