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EUR/USD Weekly Forecast: US Data Builds Case for Sep Rate Cut

by Forex Crunch
September 7, 2024
in Forex Analysis
Reading Time: 1 min read

US manufacturing business activity data raised fears of a recession. US nonfarm payrolls missed forecasts, showing a drop in demand. The dollar declined as rate-cut expectations rose. The EUR/USD weekly forecast is bullish as US data continuously supports a rate cut at the September Fed meeting. Ups and downs of EUR/USD The EUR/USD pair had…
The post EUR/USD Weekly Forecast: US Data Builds Case for Sep Rate Cut appeared first on Forex Crunch.
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