EUR/USD Buy Bias Strong After Dovish Fed, but European PMI Weakness Presents Significant Risks
EUR/USD Buy Bias Strong After Dovish Fed, but European PMI Weakness Presents Significant Risks Following the dovish stance from the recent Federal Reserve meeting, which confirmed a 50bps rate cut and lowered the dot plot projections, the EUR/USD buy bias remains strong. Lower U.S. inflation expectations, alongside a projected rise in unemployment, signal continued weakness … Read more