EUR/USD Rises as Mixed US Data Underwhelms on Nostr: EUR/USD consolidates above 1.0850 as market awaits mid-tier US data releases ...
EUR/USD consolidates above 1.0850 as market awaits mid-tier US data releases
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#5acfe72f ver:0.54
The EUR/USD pair consolidates above 1.0850 as traders await mid-tier US data releases. Weakness in the US labor market could lead to a decline in the dollar, while positive data could support the currency. The European Central Bank is expected to cut interest rates in June, while the Federal Reserve is not expected to cut rates this year. Technical analysis suggests bearish pressure on the EUR/USD exchange rate. MUFG Research recommends buying EUR/USD as the Euro gains strength against the USD amid favorable economic conditions in the euro-zone and potential slowdown in the US economy. #EURUSD #forex #economy...
#newstr #Eur/usd #UsDollar #Inflation #RetailSales #FederalReserve #EuropeanCentralBank
https://here.news/story/5acfe72f?ver=0.54
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#5acfe72f ver:0.54
The EUR/USD pair consolidates above 1.0850 as traders await mid-tier US data releases. Weakness in the US labor market could lead to a decline in the dollar, while positive data could support the currency. The European Central Bank is expected to cut interest rates in June, while the Federal Reserve is not expected to cut rates this year. Technical analysis suggests bearish pressure on the EUR/USD exchange rate. MUFG Research recommends buying EUR/USD as the Euro gains strength against the USD amid favorable economic conditions in the euro-zone and potential slowdown in the US economy. #EURUSD #forex #economy...
#newstr #Eur/usd #UsDollar #Inflation #RetailSales #FederalReserve #EuropeanCentralBank
https://here.news/story/5acfe72f?ver=0.54