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 The post EUR/USD Outlook: Euro Steadies Despite Easing German Inflation appeared first on Forex Crunch.
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
The post EUR/USD Outlook: Euro Steadies Despite Easing German Inflation appeared first on Forex Crunch.
