EUR/USD treads water around mid-0.9900s as traders await Euro zone GDP, inflation and Fed

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EUR/USD treads water around mid-0.9900s as traders await Euro zone GDP, inflation and Fed
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EUR/USD treads water around mid-0.9900s as traders await Euro zone GDP, inflation and Fed – by anilpanchal7 EURUSD GDP Inflation Fed NFP

That said, Friday’s US inflation data teased EUR/USD sellers but the underlying details suggest that there is room for the Fed to discuss easy rate hikes from December onwards, which in turn challenge the pair’s downside moves.

as the US equity future prints mild losses even after Dow Jones braces for the biggest monthly jump since 1976.of Macau’s lockdown of a casino resort and fears emanating from Russia gain major attention during a sluggish session. “Russia, which invaded Ukraine on Feb.

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