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EUR/USD Forecast: Euro Soars as Fed Nears End of Hike Cycle

by Forex Crunch
March 23, 2023
in Forex Analysis
Reading Time: 1 min read

The US Federal Reserve appeared close to ending interest rate hikes. The Fed increased its benchmark funds rate by 25 basis points. European markets predict another 50 bps or so to go. Today’s EUR/USD forecast is bullish. The dollar was under pressure on Thursday, trading near seven-week lows, after the US Federal Reserve appeared close … Continued
The post EUR/USD Forecast: Euro Soars as Fed Nears End of Hike Cycle appeared first on Forex Crunch.
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