Friday, May 24, 2024

EUR/USD Forecast: Euro Rebounds on Strong German PMI Data

Data showed better-than-expected PMI figures for Germany. ECB president Lagarde is very confident inflation is under control. Fed meeting minutes revealed some hawkish sentiments among policymakers. The EUR/USD forecast shows a slight bullish tilt as the euro rebounds on positive Eurozone PMI data. However, the overall bearish trend persists due to the dollar’s strength following...


The post EUR/USD Forecast: Euro Rebounds on Strong German PMI Data appeared first on Forex Crunch.


https://www.forexcrunch.com/blog/2024/05/23/eur-usd-forecast-euro-rebounds-on-strong-german-pmi-data/?utm_source=dlvr.it&utm_medium=blogger

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