Euro Under Bearish Pressure
<p><img width="509" height="339" src="https://www.actionforex.com/wp-content/uploads/2018/05/f-eur42.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" /></p>
<p>The euro (EUR) corrected throughout Wednesday and lost 0.3% after a substantial rise on Tuesday. Possible effects for traders Strong Retail Sales report and indications of easing inflation bolstered the U.S. dollar, contributing to beliefs about a ‘soft landing’ of the U.S. economy. This scenario suggests the Federal Reserve might delay rate cuts and keep […]</p>
<p>The post <a href="https://www.actionforex.com/contributors/fundamental-analysis/527661-euro-under-bearish-ressure/">Euro Under Bearish Pressure</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>
Leave a Comment