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EUR/USD Weekly Forecast: Weak Labor Market Lowers Hike Bets
US labor statistics for February revealed weaker wage growth. Financial markets have reduced expectations for a 50-basis point Fed rate hike. Investors are awaiting the US inflation report. The EUR/USD weekly forecast is slightly bullish as bets on big Fed rate hikes have gone down. Overall, the pair closed the week with slight gains. Ups … Continued The post EUR/USD Weekly Forecast: Weak Labor Market Lowers Hike Bets appeared first on Forex Crunch...
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Posted: Mar 11 2023, 19:55
Author Name: forexcrunch
Views: 110645