Monday chart idea.
EUR/USD recovers to near 1.0320 as the risk mode is on, with investors focusing on Trump’s inauguration.
The Fed is expected to keep interest rates at their current levels by the May policy meeting.
ECB’s Stournaras warns that higher tariffs by the US could drag Eurozone inflation below the central bank’s target.
EUR/USD rises sharply to near 1.0320 in Monday’s European session. The major currency pair gains as the safe-haven appeal of the US Dollar (USD) diminishes ahead of United States (US) President-elect Donald Trump’s inauguration. The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, declines to near 109.00.
The Fed is expected to keep interest rates at their current levels by the May policy meeting.
ECB’s Stournaras warns that higher tariffs by the US could drag Eurozone inflation below the central bank’s target.
EUR/USD rises sharply to near 1.0320 in Monday’s European session. The major currency pair gains as the safe-haven appeal of the US Dollar (USD) diminishes ahead of United States (US) President-elect Donald Trump’s inauguration. The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, declines to near 109.00.
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