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EUR/USD Forecast: Dollar Lingers to 3-Week Low Post CPI Data

EUR/USD Forecast: Dollar Lingers to 3-Week Low Post CPI Data
US consumer prices experienced minimal growth in May. Underlying price pressures in the US remained robust. The gradual slowdown in inflation allows the Fed to refrain from an interest rate hike. Today’s EUR/USD forecast is bullish. On Wednesday, the dollar remained close to a three-week low against the Euro following unexpectedly weak US inflation data. … Continued The post EUR/USD Forecast: Dollar Lingers to 3-Week Low Post CPI Data appeared first on Forex Crunch... Read More
Posted: Jun 14 2023, 09:30
Author Name: forexcrunch
Views: 102671

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