The dollar was weighed down by an unexpectedly weaker US inflation reading. The dollar hovered at a level just below the two-month high reached on Tuesday. The third-quarter data confirmed that the Eurozone’s economy contracted slightly. The EUR/USD is bullish, as the dollar continues to struggle lower. This comes after a overnight decline that triggered…
The post EUR/USD Forecast, Dollar Slumps after Soft Inflation Data first appeared on Forex Crunch.
