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EURUSD - EUR/USD turns sideways ahead of ECB policy meeting, US inflation data

09-12-2024 02:11

EUR/USD juggles near 1.0500 as investors await US CPI data for November and the ECB policy meeting. Investors expect the ECB to cut interest rates by 25 bps for the third time in a row. Fed Goolsbee ...

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EUR/USD Forecast: Euro could stay in consolidation in near term

The Relative Strength Index (RSI) indicator on the 4-hour chart stays slightly above 50 and EUR/USD holds steady above the 100-period Simple Moving Average (SMA), reflecting sellers' hesitancy.

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EUR/USD forecast ahead of ECB decision and US inflation data

The EUR/USD will be in the spotlight this week as the European Central Bank (ECB) delivers its interest rate decision. It will also be in focus as the US releases the upcoming consumer inflation data.

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EUR/USD (EURUSD=X)

EUR/USD collapsed to an 11-week low on Thursday after the European Central Bank lowered interest rates by 25-bps. Italy aims to accelerate fiscal tightening to exit the Excessive Deficit Procedure ...

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EUR/USD Steady Ahead Of Major US Data Releases

EUR/USD remains stable at around 1.0483 as markets digest the implications of the latest FOMC minutes. The Federal Reserve signalled a potential pause in rate cuts if inflation reaccelerates but ...

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