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EUR/USD Weekly Prediction: Dollar Demand Surges Following US CPI

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EUR/USD Weekly Prediction: Dollar Demand Surges Following US CPI


The FOMC minutes showed that policymakers acted with caution in light of the economic uncertainty. The US inflation report was higher than expected. In the next week, US retail sales will be released. The EUR/USD weekly forecast is bearish as higher-than-expected US inflation has revived the dollar’s strength that was lost after Fed’s minutes. Ups…

The post EUR/USD weekly forecast: Dollar demand surges after US CPI appeared initially on Forex Crunch.



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