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Watch the EUR data this week for ECB implications

Started by forex4you, Jul 23, 2024, 07:00 am

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forex4you

Jul 23, 2024, 07:00 am
Watch the EUR data this week for ECB implications

Via IONG on the EUR ahead. Not seeing a volatile period for now.

  • euro could fall if European data this week support the case for ECB interest-rate cuts - say to watch of business sentiment is weaker, which would shape a story that policy is too tight
  • euro falls will be limited
  • volatility remains "exceptionally low"
  • a drop may be limited to 1.08, or maybe even just 1.0840


                This article was written by Eamonn Sheridan at www.forexlive.com.

Source: Watch the EUR data this week for ECB implications

forexlive.com
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