EUR/USD remains weak as dollar rebounds on Fed's inflation concerns
===============
#5acfe72f ver:0.43
The EUR/USD pair remains weak as the US dollar rebounds on Fed's inflation concerns. European retail sales rebounded in March, but German industrial production is expected to decline. The ECB may start easing in June, raising expectations for interest rate cuts. Weak economic fundamentals in the euro area and the resilience of the US economy reinforce expectations for the dollar's strength. The technical outlook suggests a bullish bias for EUR/USD, but the pair needs more evidence of a slowing US economy. #EURUSD #USD #Fed #ECB #economy...
#newstr #Eur/usd #FederalReserve #InterestRates #EuropeanCentralBank #EconomicFundamentals
https://here.news/story/5acfe72f?ver=0.43
EUR/USD Rises as Mixed US Data Underwhelms /
npub1nx…4er6y
2024-05-08 11:01:54
Author Public Key
npub1nxtctmvfq92je3d96hrpupzva05nnz0fckgurxcqkfhyeehpzrusc4er6yPublished at
2024-05-08 11:01:54Event JSON
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"content": "EUR/USD remains weak as dollar rebounds on Fed's inflation concerns\n===============\t\n#5acfe72f ver:0.43\n\nThe EUR/USD pair remains weak as the US dollar rebounds on Fed's inflation concerns. European retail sales rebounded in March, but German industrial production is expected to decline. The ECB may start easing in June, raising expectations for interest rate cuts. Weak economic fundamentals in the euro area and the resilience of the US economy reinforce expectations for the dollar's strength. The technical outlook suggests a bullish bias for EUR/USD, but the pair needs more evidence of a slowing US economy. #EURUSD #USD #Fed #ECB #economy...\n\n#newstr #Eur/usd #FederalReserve #InterestRates #EuropeanCentralBank #EconomicFundamentals \n\n https://here.news/story/5acfe72f?ver=0.43",
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