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EUR/USD Forecast: Recovery Lacking Momentum at 1.04 Ahead of Data

Started by forex4you, May 13, 2022, 08:12 pm

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May 13, 2022, 08:12 pm
EUR/USD Forecast: Recovery Lacking Momentum at 1.04 Ahead of Data

The EUR/USD is floating in a tight range around 1.0400 after a slight recovery. Dollar bulls focus on Michigan’s CSI release. Fed Powell unexpectedly added an alternative to two more massive rate hikes this year. During the Asian session, the EUR/USD forecast recovered but lost some momentum afterwards. Despite a drop in the US Dollar … Continued


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