Oddbean new post about | logout
 US consumer inflation and EU GDP could impact EUR/USD exchange rate
===============	
#5acfe72f ver:0.51

The EUR/USD exchange rate is influenced by US consumer inflation and EU GDP. Traders are watching US economic data, including jobless claims and consumer sentiment, for insights into the strength of the US labor market and consumer confidence. 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 the Federal Reserve is not expected to cut rates this year. Technical analysis suggests bearish pressure on the EUR/USD exchange rate. #EURUSD #inflation #GDP...

#newstr #Eur/usd #UsConsumerInflation #EuGdp #ExchangeRate #MacroeconomicData 

 https://here.news/story/5acfe72f?ver=0.51