EUR/USD Outlook: Euro Heads for Best Week in Over 2 Months
===============
#5acfe72f ver:0.57
The euro is set for its best week in over two months against the dollar as traders await key US economic data. Weakness in the US labor market could lead to a decline in the dollar, while positive data could support the currency. The European Central Bank is expected to cut interest rates in June, while the Federal Reserve is not expected to cut rates this year. Technical analysis suggests the EUR/USD exchange rate may face bearish pressure. MUFG Research recommends buying EUR/USD as the Euro gains strength against the USD amid favorable economic conditions in the euro-zone. #EURUSD #forex #economy...
#newstr #Eur/usd #Euro #UsDollar #Bullish #Correction #TechnicalOutlook #FederalReserve #Speeches #Support #Resistance
https://here.news/story/5acfe72f?ver=0.57
EUR/USD Rises as Mixed US Data Underwhelms /
npub1nx…4er6y
2024-05-17 11:56:07
Author Public Key
npub1nxtctmvfq92je3d96hrpupzva05nnz0fckgurxcqkfhyeehpzrusc4er6yPublished at
2024-05-17 11:56:07Event JSON
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"content": "EUR/USD Outlook: Euro Heads for Best Week in Over 2 Months\n===============\t\n#5acfe72f ver:0.57\n\nThe euro is set for its best week in over two months against the dollar as traders await key US economic data. Weakness in the US labor market could lead to a decline in the dollar, while positive data could support the currency. The European Central Bank is expected to cut interest rates in June, while the Federal Reserve is not expected to cut rates this year. Technical analysis suggests the EUR/USD exchange rate may face bearish pressure. MUFG Research recommends buying EUR/USD as the Euro gains strength against the USD amid favorable economic conditions in the euro-zone. #EURUSD #forex #economy...\n\n#newstr #Eur/usd #Euro #UsDollar #Bullish #Correction #TechnicalOutlook #FederalReserve #Speeches #Support #Resistance \n\n https://here.news/story/5acfe72f?ver=0.57",
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