Euro to dollar exchange rate chart: EUR/USD Week Ahead Forecast: Uptrend to Likely Resume Once Correction Ends

“The market probability for a rate cut next week is 90%,” says Hadjikyriacos. “The Fed has a very strong habit of not disappointing the markets. Now they are going to cut but since that is more or less already priced in the reaction, the reaction of the Dollar will depend mainly on the signals they send for future rate cuts. On that front I do not think they will commit to anything – I think they will keep their cards held close to their chest… But, if anything, it might be a slightly more hawkish message than the markets are expecting.”

3 thoughts on “Euro to dollar exchange rate chart: EUR/USD Week Ahead Forecast: Uptrend to Likely Resume Once Correction Ends”

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