Dollar steady as EU seeks trade deal; equities push higher

The US dollar maintained stability during European trading hours while global equities advanced on reports that the European Union is actively pursuing a trade agreement with the United States. The potential for reduced transatlantic trade tensions supported risk appetite, limiting safe-haven demand for the greenback. EUR/USD showed little directional conviction as traders balanced optimism over potential trade developments against existing economic fundamentals. European stock indices gained ground, suggesting improved investor confidence in the region's economic outlook. The steady dollar performance despite equity strength indicates markets are awaiting more concrete developments before committing to directional trades. Currency traders are monitoring whether EU-US negotiations progress beyond preliminary discussions, which could significantly impact EUR/USD dynamics. Technical levels remain key with major pairs trading within recent ranges.