Category: EurUsd Analysis
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Weekly EurUsd Outlook for September 16, 2024 – Central Banks Take the Stage Amid Key Resistance Levels
The dollar holds steady, and the euro fails to advance. This sums up a week in which the ECB fulfilled its promise to cut interest rates, while U.S. inflation, at 2.5%, set the stage for a similar move by the Fed in what will be the final meeting before the much-anticipated presidential elections in November.
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EurUsd Weekly Outlook – September 9, 2024: Markets Brace for Fed and ECB Decisions
The dollar continues to remain weak ahead of the two central bank meetings (FED and ECB), which are expected to result in a new rate cut from the ECB and the start of an expansionary phase by the FED. The dollar is losing ground due to the prospect of a more decisive U.S. monetary policy…