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EUR/USD Outlook: ECB Led Rally Loses Momentum

by Forex Crunch
November 28, 2024
in Forex Analysis
Reading Time: 1 min read

ECB’s Isabel Schnabel said on Wednesday that the central bank should cut rates gradually. Market participants are anticipating the German inflation report. US inflation increased by 0.3%. The EUR/USD outlook shows a slight pullback following a sharp bullish turn after hawkish European Central Bank remarks boosted the euro. However, trading remained thin as the US…
The post EUR/USD Outlook: ECB Led Rally Loses Momentum appeared first on Forex Crunch.
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