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EUR/USD Forecast: Euro Sinks on Dovish ECB Remarks

by Forex Crunch
December 16, 2024
in Forex Analysis
Reading Time: 1 min read

The euro dropped on Monday due to dovish comments from a top ECB official. Eurozone business activity improved in December. The dollar extended its gains as markets anticipated a more cautious Fed. The EUR/USD forecast shows a surge in European Central Bank rate cut bets after dovish policymaker remarks. Meanwhile, PMI data showed a slight…
The post EUR/USD Forecast: Euro Sinks on Dovish ECB Remarks appeared first on Forex Crunch.
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