Home / Forex Analysis / EUR/USD Outlook: Intraday Gains Capped amid Taiwan Concern

EUR/USD Outlook: Intraday Gains Capped amid Taiwan Concern

In the short term, the EUR/USD consolidates its greatest daily weekly losses. China’s PMI from Caixin Services and remarks from Fed policymakers suggest that a corrective retreat is warranted. Bears hope to face Sino-US tensions over Taiwan and fears of Fed aggression. The EUR/USD outlook shifts to slightly bearish as the pair retraced from monthly … Continued
The post EUR/USD Outlook: Intraday Gains Capped amid Taiwan Concern appeared first on Forex Crunch.
Read Full Story