EUR/USD: ECB Hikes and Euro Falls as Stagflation Risks Grow; Dollar Strength Extends after US Retail Sales Data

<p>Euro falls to the lowest levels in May after ECB hikes rates and delivers an abysmal growth forecasts, while upgrading 2023 and 2024 inflation outlooks Post ECB decision – October 26th ECB rate hike odds hover around 35.4% US retail sales remained strong on back-to-school spending and despite the extra energy costs at the pump [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/fundamental-analysis/518691-eur-usd-ecb-hikes-and-euro-falls-as-stagflation-risks-grow-dollar-strength-extends-after-us-retail-sales-data/">EUR/USD: ECB Hikes and Euro Falls as Stagflation Risks Grow; Dollar Strength Extends after US Retail Sales Data</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>