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Thursday, February 15, 2024

EUR/USD: Growth may occur, but it will be limited

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15.02.2024 12:53 PM




The fall of the eurozone economy into a deep recession negatively affected euro. As soon as doubts arose in the market about the possibility of the Fed easing interest rates, EUR/USD began to steadily decline. However, looking at the weekly chart, the pair remained trading within a broad sideways range.Most likely, the pair will face significant pressure until the Fed starts lowering interest rates, or at least until labor market and inflation data indicate weakening. Riding this wave, euro will




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

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