The EUR/USD pair remains near $1.05, hovering close to its two-year low, as traders await the release of US CPI data later today and the European Central Bank's policy decision tomorrow.
The EURUSD has fallen to its lowest level since November 2023. Market expectations for interest rate cuts have shifted, with a 25bp cut now expected from both the US Fed and the ECB.
On two separate cycles over the past two months, the 1.120 psychological level has thwarted EURUSD bulls. Will it be “third time’s a charm” this week? Look out for the Eurozone CPI and US jobs report coming up.
The EUR/USD pair remains near $1.05, hovering close to its two-year low, as traders await the release of US CPI data later today and the European Cent...
The EURUSD has fallen to its lowest level since November 2023. Market expectations for interest rate cuts have shifted, with a 25bp cut now expected f...
On two separate cycles over the past two months, the 1.120 psychological level has thwarted EURUSD bulls. Will it be “third time’s a charm” thi...
EURUSD
CPI
eurozone
European Central Bank
Federal Reserve
Fed Chair Jerome Powell
Nonfarm Payrolls
US jobs report
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