Thursday, 11 January 2024

Euro (EUR) Outlook: EUR/USD Remains in Thrall to Upcoming US Inflation Data

With little Euro Area data out for the rest of the week, Euro pairs will be driven by external influences, including today’s US inflation report.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...