EUR/USD Forecast: Euro clings to bullish bias after hawkish ECB tone
News brief
EUR/USD stays in a consolidation phase above 1.1550 after posting impressive gains on Thursday. Comments from policymakers could impact the pair's action in the near term. EUR/USD stays in a consolidation phase above 1.1550 after posting impressive gains on Thursday. Comments from policymakers could impact the pair's action in the near term. EUR/USD stays in a consolidation phase…
Why traders care
For traders, releases like this can quickly shift rate expectations, currency direction, index futures and broad risk sentiment.
What to watch next
- Watch the next move in the dollar, front-end yields and index futures to see whether the market prices this release as a true surprise or only a passing headline.
EUR/USD stays in a consolidation phase above 1.1550 after posting impressive gains on Thursday. Comments from policymakers could impact the pair's action in the near term. EUR/USD stays in a consolidation phase above 1.1550 after posting impressive gains on Thursday. Comments from policymakers could impact the pair's action in the near term. EUR/USD stays in a consolidation phase… EUR/USD stays in a consolidation phase above 1.1550 after posting impressive gains on Thursday. Comments from policymakers could impact the pair's action in the near term. EUR/USD trades above 1.1550 in the European session on Friday.The technical outlook points to a bullish tilt in the short term.The ECB left policy settings unchanged but acknowledged upside risks to inflation.EUR/USD stays in a consolidation phase above 1.1550 after posting impressive gains on Thursday. Comments from policymakers could impact the pair's action in the near term. Euro Price This week The table below shows the percentage change of Euro… For traders, releases like this can quickly shift rate expectations, currency direction, index futures and broad risk sentiment. Watch the next move in the dollar, front-end yields and index futures to see whether the market prices this release as a true surprise or only a passing headline.
