EUR/USD Weekly: Dollar Strength Caps Euro Ahead of Key Data

EUR/USD closed the week with a marginal decline of 0.2%, settling near 1.0820 as persistent dollar strength continues to weigh on the common currency. The pair's subdued performance reflects market positioning ahead of crucial economic releases from both the Eurozone and United States next week. US dollar index maintained its upward trajectory, supported by resilient economic data and expectations of sustained Fed hawkishness. European Central Bank officials have signaled a pause in their rate-cutting cycle, but growth concerns persist across the bloc. Technical indicators suggest consolidation within the 1.0800-1.0880 range, with the 200-day moving average at 1.0835 acting as a pivot point. Next week's data releases, including Eurozone inflation figures and US employment data, will be critical for determining the pair's near-term direction. A break below 1.0800 could accelerate losses toward 1.0750.