Economists expect a monthly increase of 0.3% in US consumer inflation. Data on Friday revealed a softer US labor market. Markets expect the first ECB rate cut in June. The EUR/USD outlook is mildly bullish on Tuesday morning, setting a positive tone ahead of the highly anticipated US inflation report. Adding fuel to the euro’s…
The post EUR/USD Outlook: Stable Above 1.09 as Markets Await US CPI appeared first on Forex Crunch.
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