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Thursday, January 11, 2024

Strong labor market and inflation leave no chance for EUR/USD bulls

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Investors awaited the December U.S. inflation data like a savior, but it risks being the destruction for stock indices and EUR/USD. Since the start of the year, neither the S&P 500 nor the main currency pair could decide on the direction of their further movement, so guidance from the CPI was supposed to calm the markets. However, the data turned out to be higher than Bloomberg experts' forecasts, triggering a sell-off of the euro.Dynamics of American InflationBy the end of

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Pentru mai multe detalii, va invitam sa vizitati stirea originala.

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