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EUR/USD: ECB Hikes and Euro Falls as Stagflation Risks Grow; Dollar Strength Extends after US Retail Sales Data

EUR/USD: ECB Hikes and Euro Falls as Stagflation Risks Grow; Dollar Strength Extends after US Retail Sales Data
Euro falls to the lowest levels in May after ECB hikes rates and delivers an abysmal growth forecasts, while upgrading 2023 and 2024 inflation outlooks Post ECB decision – October 26th ECB rate hike odds hover around 35.4% US retail sales remained strong on back-to-school spending and despite the extra energy costs at the pump […] The post EUR/USD: ECB Hikes and Euro Falls as Stagflation Risks Grow; Dollar Strength Extends after US Retail Sales Data appeared first on Action Forex... Read More
Posted: Sep 14 2023, 13:21
Author Name: actionforex
Views: 110277

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