Fidira USD Price & Performance (FIDUSD)

The Federal Reserve reaffirmed its plan for two interest rate cuts in 2025, despite lowering its U.S. growth forecast and raising inflation expectations. Markets anticipate the first reduction by mid-year. The dollar index, meanwhile, hovers near a five-month low, reflecting ongoing market uncertainty.1

Fidus Investment Corporation stock rose 0.244% on Friday, closing at $20.52. While the stock has declined 7.11% over the past ten days, increased trading volume and a pivot bottom signal hint at potential short-term gains. Analysts recommend holding as the stock remains in a weak upward trend.2

The EUR/USD pair is testing support near 1.0755, showing signs of a bullish rebound. Analysts predict a potential rise toward 1.1045, contingent on breaking resistance at 1.0855. However, a drop below 1.0705 could signal further declines, highlighting the pair's volatile trading conditions.3