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EUR/USD Outlook: Euro Steadies Despite Easing German Inflation

Started by forex4you, Jan 04, 2023, 03:48 pm

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EUR/USD Outlook: Euro Steadies Despite Easing German Inflation

A sudden slowdown in German inflation caused the Euro to decline. German headline CPI decreased from 10% in November to 8.6% annually in December. The ECB expects the Eurozone’s inflation to surpass its 2% objective by 2025. Today’s EUR/USD outlook is bearish. On Wednesday, the Euro nursed losses from the previous session. This occurred after … Continued


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