Wednesday, January 15

Tag: Harmonized Index of Consumer Prices

EUR/USD scrambles to recuperate ground after fresh test of two-year lows

EUR/USD scrambles to recuperate ground after fresh test of two-year lows

Business
EUR/USD tapped the 1.0200 deal with for the very first time in over 2 years on Monday. European last inflation figures are due today, however are not likely to move the needle. It's the Greenback's ballgame to lose today with crucial United States inflation figures on the information docket. EUR/USD continued to check out the bearish side of the charts on Monday, decreasing into the 1.0200 manage for the very first time considering that late 2022, engraving in a fresh 26-month low before staging half-hearted healing later on in the day. European financial information stays warm throughout the trading week. The European Central Bank (ECB) is set to continue minimizing rates of interest, even more expanding the Euro's rate of interest differential versus the United States Dollar. Pan-...