Euro to usd forecast live: EUR/USD Exchange Rate in the Week Ahead: Possibility of Trend Reversal

“At the June meeting, the ECB refrained from adopting a clear loosening bias even though President Draghi did say some members raised the possibility of a rate cut. The account of that meeting, to be published on Thursday, should provide some insight into those discussions,” says Raffi Boyadijian, an analyst with XM.com. “Although there have been several signals since the June meeting, including from Draghi himself, that additional stimulus may be on the cards, a dovish account could still pressure the euro, which this week slipped back below $1.13 on declining Eurozone bond yields.”

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