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2024-04-30 14:59:59

EUR/USD Rises as Mixed US Data Underwhelms on Nostr: EUR/USD Monthly Forecast: May 2024 =============== #5acfe72f ver:0.3 The EUR/USD is ...

EUR/USD Monthly Forecast: May 2024
===============
#5acfe72f ver:0.3

The EUR/USD is trading near 1.07015, showing bullish strength after hitting a low of 1.06000. The shift in sentiment towards a cautious Federal Reserve has solidified, with hopes for a rate cut in late summer or fall. The upcoming FOMC statement and US jobs numbers will impact the currency pair. The European Central Bank is likely to remain cautious, taking cues from the Fed. Speculators should be cautious and watch for sustained value above 1.07000 or moves below 1.06775. #EURUSD #forex...

#newstr #Eur/usd #FederalReserve #EuropeanCentralBank #ForexTrading

https://here.news/story/5acfe72f?ver=0.3
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