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EUR/USD Weekly Forecast: Weak Labor Market Lowers Hike Bets

Started by forex4you, Mar 13, 2023, 08:29 am

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EUR/USD Weekly Forecast: Weak Labor Market Lowers Hike Bets

US labor statistics for February revealed weaker wage growth. Financial markets have reduced expectations for a 50-basis point Fed rate hike. Investors are awaiting the US inflation report. The EUR/USD weekly forecast is slightly bullish as bets on big Fed rate hikes have gone down. Overall, the pair closed the week with slight gains.  Ups … Continued


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