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EUR/USD Forecast: Euro Hits 9-Month High on Hawkish Remarks

Started by forex4you, Jan 24, 2023, 07:48 am

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Jan 24, 2023, 07:48 am
EUR/USD Forecast: Euro Hits 9-Month High on Hawkish Remarks

Klaas Knot stated that rates would increase by 50 basis points in February and March. Futures have steadily decreased the expected Fed rate peak. Since early December, gas prices have dropped by 60% in the Eurozone. Today's EUR/USD forecast is bullish. On Monday, the Euro reached a nine-month high against the dollar as more hawkish … Continued


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