EUR/USD remains bullish despite Thursday's correction
===============
#5acfe72f ver:0.56
Despite a correction, EUR/USD remains bullish as traders await key US economic data. Weakness in the 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 MUFG expects net gains to reach 1.12. The euro has resisted falling to parity with the dollar for now, thanks to a rosier economic backdrop. MUFG Research recommends buying EUR/USD as the Euro gains strength against the USD amid favorable economic conditions in the euro-zone and potential slowdown in the US economy....
#newstr #Eur/usd #Euro #UsDollar #Bullish #Correction #TechnicalOutlook #FederalReserve #Speeches #Support #Resistance
https://here.news/story/5acfe72f?ver=0.56
EUR/USD Rises as Mixed US Data Underwhelms /
npub1nx…4er6y
2024-05-17 10:02:25
Author Public Key
npub1nxtctmvfq92je3d96hrpupzva05nnz0fckgurxcqkfhyeehpzrusc4er6yPublished at
2024-05-17 10:02:25Event JSON
{
"id": "c3990602acc65dbab07f5c990ee3323d2aff7ab5edb4e7eb02ebf541be6a688e",
"pubkey": "999785ed8901552cc5a5d5c61e044cebe93989e9c591c19b00b26e4ce6e110f9",
"created_at": 1715932945,
"kind": 1,
"tags": [],
"content": "EUR/USD remains bullish despite Thursday's correction\n===============\t\n#5acfe72f ver:0.56\n\nDespite a correction, EUR/USD remains bullish as traders await key US economic data. Weakness in the 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 MUFG expects net gains to reach 1.12. The euro has resisted falling to parity with the dollar for now, thanks to a rosier economic backdrop. MUFG Research recommends buying EUR/USD as the Euro gains strength against the USD amid favorable economic conditions in the euro-zone and potential slowdown in the US economy....\n\n#newstr #Eur/usd #Euro #UsDollar #Bullish #Correction #TechnicalOutlook #FederalReserve #Speeches #Support #Resistance \n\n https://here.news/story/5acfe72f?ver=0.56",
"sig": "e98fdec31ebb3b4f529a5cef62dca2a2da6d4190e77825a610cddf03a0c7e5520eb0f374791465cb804c38566f4c729b2b2ccec4779060cd56e805714c233b85"
}