EUR/USD Outlook: Euro Surges After Villeroy’s Less Dovishness
ECB’s Francois Villeroy said the central bank should not wait too long before starting rate cuts. There was a bigger-than-expected decline in US retail sales in January. Markets expect 94-bps of rate cuts in 2024. The EUR/USD outlook took a bullish turn, propelled by slightly dovish commentary from ECB policymaker Francois Villeroy. Moreover, the dollar... The post EUR/USD Outlook: Euro Surges After Villeroy’s Less Dovishness appeared first on Forex Crunch.
ECB’s Francois Villeroy said the central bank should not wait too long before starting rate cuts. There was a bigger-than-expected decline in US retail sales in January. Markets expect 94-bps of rate cuts in 2024. The EUR/USD outlook took a bullish turn, propelled by slightly dovish commentary from ECB policymaker Francois Villeroy. Moreover, the dollar...
The post EUR/USD Outlook: Euro Surges After Villeroy’s Less Dovishness appeared first on Forex Crunch.
