The euro rose following figures showing a decline in US inflation. Investors are hoping the Federal Reserve will scale back its rate hikes. Investors are awaiting eurozone inflation data. The EUR/USD weekly forecast is bullish as easing US inflation could mean smaller Fed hikes. Improving risk sentiment may further weigh on the greenback. –Are you … Continued
The post EUR/USD Weekly Forecast: Euro Bulls Return on Easing US CPI appeared first on Forex Crunch.
Read Full Story
Latest posts by Forex Crunch (see all)
- GBP/USD Price Fades Spike Above 1.23 After BoE’s 25-bps Hike - March 23, 2023
- USD/CAD Outlook: Fed Raises Rates, But Signals Looming Pause - March 23, 2023
- EUR/USD Forecast: Euro Soars as Fed Nears End of Hike Cycle - March 23, 2023
