EUR/USD Outlook: Soaring to 1.16 After Ceasefire, Eyes on Powell
The EUR/USD outlook turns bullish as the sentiment shifts after ceasefire. Falling crude oil prices may provide more support to the EU economy. Markets now await Fed Chair’s testimony before Congress for further policy clues. The EUR/USD pair staged an impressive comeback, gaining 1.3% from Monday lows to trade near 1.1600 level on Tuesday. The... The post EUR/USD Outlook: Soaring to 1.16 After Ceasefire, Eyes on Powell appeared first on Forex Crunch.
The EUR/USD outlook turns bullish as the sentiment shifts after ceasefire. Falling crude oil prices may provide more support to the EU economy. Markets now await Fed Chair’s testimony before Congress for further policy clues. The EUR/USD pair staged an impressive comeback, gaining 1.3% from Monday lows to trade near 1.1600 level on Tuesday. The...
The post EUR/USD Outlook: Soaring to 1.16 After Ceasefire, Eyes on Powell appeared first on Forex Crunch.
