EUR/USD Outlook: Investors Giving More Weight to Rising Rates

Business activity shrank in the eurozone, pointing to a looming recession. Inflation in the eurozone remains sky-high, hurting demand. Investors expect the ECB to raise rates by 75bps on Thursday to combat rising inflation. Today’s EUR/USD outlook is bullish as investors focus on Thursday’s rate hike expectations. According to a survey released Monday, the Eurozone … Continued
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EUR/USD Outlook: Investors Giving More Weight to Rising Rates

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