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EUR/USD Weekly Forecast: Bets For Fed’s Dec Hike Diminish

The dollar weakened amid reduced bets of a rate hike in December. US retail sales rose while initial jobless claims fell, indicating a robust economy. Economists agree that the European Central Bank’s rate hike cycle has concluded. The EUR/USD weekly forecast shows a slight edge for the euro over the dollar as the market adjusts... The post EUR/USD Weekly Forecast: Bets For Fed’s Dec Hike Diminish appeared first on Forex Crunch...
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Posted: Oct 21 2023, 18:54
Author Name: forexcrunch
Views: 082331