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EUR/USD Forecast: Sep Eurozone Inflation Hits Record High

Started by forex4you, Oct 21, 2022, 02:03 pm

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Oct 21, 2022, 02:03 pm
EUR/USD Forecast: Sep Eurozone Inflation Hits Record High

Eurozone inflation came in lower than expected at 9.9% in September. Core inflation increased by 0.9% in September and by 6.0% year-over-year. Markets are expecting a 75bps rate hike at ECB’s October 27 meeting. Today’s EUR/USD forecast is bearish. Data released on Wednesday revealed that consumer inflation in the Eurozone was slightly lower in September … Continued


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