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EUR/USD Outlook: Bulls Not Giving up amid Hawkish ECB

Started by forex4you, Nov 26, 2022, 05:08 am

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Nov 26, 2022, 05:08 am
EUR/USD Outlook: Bulls Not Giving up amid Hawkish ECB

ECB policymakers are afraid inflation will become entrenched in the eurozone. The ECB will keep raising rates in a bid to tame sky-high inflation. Markets are expecting a 50bps ECB rate hike in December. Today’s EUR/USD outlook is bullish. The accounts of the Oct. 26-27 meeting showed that policymakers at the European Central Bank feared … Continued


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