Categories: Forex Analysis

EUR/USD Outlook: Euro Suffers Under a Dovish ECB

The European Central Bank lowered borrowing costs by 25-bps as expected. The greenback rebounded on Thursday after Trump repeated his tariff plans. The US economy expanded by 2.3%, missing forecasts of 2.7%. The EUR/USD outlook suggests a bleak future for the euro amid a rate cut and dovish European Central Bank’s policy path. On the…
The post EUR/USD Outlook: Euro Suffers Under a Dovish ECB appeared first on Forex Crunch.
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