EUR/USD Outlook: Eurozone Inflation Still a Key Concern for ECB
Overall, Eurozone inflation slightly decreased to 8.5% last month. Underlying inflation in the Eurozone went up from 5.3% to 5.6%. The European Central Bank (ECB) has already signaled a half-point rate increase on March 16. Today’s EUR/USD outlook is bullish. This spring, an unexpected rise in underlying inflation throughout the 20-nation Eurozone bolstered bets for … Continued The post EUR/USD Outlook: Eurozone Inflation Still a Key Concern for ECB appeared first on Forex Crunch.
Overall, Eurozone inflation slightly decreased to 8.5% last month. Underlying inflation in the Eurozone went up from 5.3% to 5.6%. The European Central Bank (ECB) has already signaled a half-point rate increase on March 16. Today’s EUR/USD outlook is bullish. This spring, an unexpected rise in underlying inflation throughout the 20-nation Eurozone bolstered bets for … Continued
The post EUR/USD Outlook: Eurozone Inflation Still a Key Concern for ECB appeared first on Forex Crunch.
