EUR/USD Outlook Weakened as Dollar Rises on Trade Optimism
The EUR/USD outlook is weak amid trade optimism and dollar strength. US-China trade optimism can stabilize the markets. The Fed’s cautiousness and the ECB’s dovish tone can further weaken the Euro. The EUR/USD outlook turns mildly bearish after breaking the 1.1200 handle briefly during Friday’s Asian session. The downtick move came amid the dollar’s renewed... The post EUR/USD Outlook Weakened as Dollar Rises on Trade Optimism appeared first on Forex Crunch.
The EUR/USD outlook is weak amid trade optimism and dollar strength. US-China trade optimism can stabilize the markets. The Fed’s cautiousness and the ECB’s dovish tone can further weaken the Euro. The EUR/USD outlook turns mildly bearish after breaking the 1.1200 handle briefly during Friday’s Asian session. The downtick move came amid the dollar’s renewed...
The post EUR/USD Outlook Weakened as Dollar Rises on Trade Optimism appeared first on Forex Crunch.
