EUR/USD rises to near 1.1350 ahead of Eurozone HICP inflation data – FXStreet
EUR/USD is supported by improving global risk sentiment. The euro could face headwinds as the market expects a 25 basis point rate cut by the ECB on Thursday. The CME FedWatch tool shows the market is priced at around 85 basis points by the end of the year. EUR/USD traded around 1.1340 during Asian time […]
EUR/USD drops amid long US weekend, German HICP in focus – FXStreet
EUR/USD fell as the US dollar stabilized after a thin trading weekend due to the US Thanksgiving holiday. ECB President Schnabel ruled out the risk that inflation would fall below the central bank's target. Investors are awaiting German HICP data for new interest rate guidance from the ECB. EUR/USD fell on Thursday as the US […]