Euro (EUR/USD) Forecast – A Week Packed Full of High-Risk Events
The next week is packed full of high-importance data releases and events with Wednesday and Friday of particular note. On Wednesday we have the latest FOMC rate decision, where the Fed is fully expected by another 75 basis points, while on Friday we have Euro Area inflation and the latest look at US Core PCE. All of the events shown below have the ability to move EUR/USD, leaving traders at risk if they are not following these releases. The economic calendar is your best friend next week. This week’s 50 basis point rate hike by the European Central Bank (ECB) did little to prop up the ailing Euro, while the
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