Investors expect the European Central Bank to cut borrowing costs by 25 bps. The dollar held steady after the US consumer inflation report. The CPI report suggested a slow monetary policy easing. The EUR/USD outlook suggests more downside for the euro as markets anticipate another ECB rate cut later today. Meanwhile, the dollar recovered after…
The post EUR/USD Outlook: Set for More Losses as ECB Rate Cut Looms appeared first on Forex Crunch.
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