forex.pm forex forum binary options trade

Forex news -forex broker review => Forex => Topic started by: forex4you on Nov 26, 2024, 04:27 am

Title: EUR/USD Amid Slowing European Economy
Post by: forex4you on Nov 26, 2024, 04:27 am
EUR/USD Amid Slowing European Economy


EUR/USD encountered significant pressure, testing a low of 1.0331 before rebounding to 1.0476, as market concerns mount over the potential economic slowdown in Europe and aggressive rate cuts by the European Central Bank (ECB). Recent business surveys indicating an accelerated economic contraction in Germany and France have starkly dampened the euro's outlook. Additionally, under the […]


The post EUR/USD Amid Slowing European Economy appeared first on Action Forex.


Source: EUR/USD Amid Slowing European Economy (https://www.actionforex.com/contributors/technical-analysis/577137-eur-usd-amid-slowing-european-economy/)