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EUR/USD Outlook: Sentiment Reflecting Fed’s Hike in June
A US debt ceiling agreement boosted risk appetite in financial markets. Data revealed higher-than-expected US consumer spending in April. Money markets reflect a 62% probability of the Fed raising rates by 25bps in June. Today’s EUR/USD outlook is bearish. The dollar experienced a slight decline on Monday as a US debt ceiling agreement boosted risk … Continued The post EUR/USD Outlook: Sentiment Reflecting Fed’s Hike in June appeared first on Forex Crunch...
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Posted: May 29 2023, 12:27
Author Name: forexcrunch
Views: 081467