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EUR/USD Outlook: Dovish ECB Hike to Weigh on the Euro

Started by forex4you, Nov 23, 2022, 05:27 am

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Nov 23, 2022, 05:27 am
EUR/USD Outlook: Dovish ECB Hike to Weigh on the Euro

The ECB might raise rates by a smaller size at its next meeting. There is increasing risk aversion in the markets, boosting the dollar. Bears have taken over in the charts, taking the price below the 30-SMA. Today’s EUR/USD outlook is bearish. According to policymaker Mario Centeno, the European Central Bank’s upcoming rate hike could … Continued


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