EUR/USD Outlook: Euro Steadies Ahead of US PPI Data

Business activity in the Euro Area expanded at a faster rate than that in the US in April. The euro has lost nearly 2.5% of its value against the dollar this year. Investors are awaiting the US PPI report. The EUR/USD outlook is bullish, as the euro shows remarkable resilience ahead of US wholesale inflation...


The post EUR/USD Outlook: Euro Steadies Ahead of US PPI Data appeared first on Forex Crunch.


https://www.forexcrunch.com/blog/2024/05/14/eur-usd-outlook-euro-steadies-ahead-of-us-ppi-data/?utm_source=dlvr.it&utm_medium=blogger