EUR/USD Price Analysis: Euro Slides on Easing German Inflation
Inflation in Germany, the largest Eurozone economy, rose by a slower 2.7% on an annual basis. Economists believe underlying Eurozone inflation remains stubborn. Bets for a Fed rate cut in June rose to 66%. Friday’s EUR/USD price analysis revealed a bearish sentiment, driven by the emerging signals of inflation easing in the Eurozone. The prospect... The post EUR/USD Price Analysis: Euro Slides on Easing German Inflation appeared first on Forex Crunch.
Inflation in Germany, the largest Eurozone economy, rose by a slower 2.7% on an annual basis. Economists believe underlying Eurozone inflation remains stubborn. Bets for a Fed rate cut in June rose to 66%. Friday’s EUR/USD price analysis revealed a bearish sentiment, driven by the emerging signals of inflation easing in the Eurozone. The prospect...
The post EUR/USD Price Analysis: Euro Slides on Easing German Inflation appeared first on Forex Crunch.
