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EUR/USD Price Analysis: Eurozone Inflation Beats Double-digit Forecast

Started by forex4you, Nov 01, 2022, 10:15 am

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Nov 01, 2022, 10:15 am
EUR/USD Price Analysis: Eurozone Inflation Beats Double-digit Forecast

The dollar is pushing higher ahead of the Fed meeting. Eurozone inflation rose to 10.7% in October, beating the 10.2% forecast. Markets expect the ECB to raise rates by 75bps in light of the skyrocketing inflation. Today’s EUR/USD price analysis is bearish as the dollar recovers ahead of the Fed meeting. However, this might change … Continued


The post EUR/USD Price Analysis: Eurozone Inflation Beats Double-digit Forecast appeared first on Forex Crunch.


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