EUR/USD Outlook: Bulls Not Giving up amid Hawkish ECB

ECB policymakers are afraid inflation will become entrenched in the eurozone. The ECB will keep raising rates in a bid to tame sky-high inflation. Markets are expecting a 50bps ECB rate hike in December. Today’s EUR/USD outlook is bullish. The accounts of the Oct. 26–27 meeting showed that policymakers at the European Central Bank feared … The post EUR/USD Outlook: Bulls Not Giving up amid Hawkish ECB appeared first on Forex Crunch.

EUR/USD Outlook: Bulls Not Giving up amid Hawkish
ECB

ECB policymakers are afraid inflation will become entrenched in the eurozone. The ECB will keep raising rates in a bid to tame sky-high inflation. Markets are expecting a 50bps ECB rate hike in December. Today’s EUR/USD outlook is bullish. The accounts of the Oct. 26–27 meeting showed that policymakers at the European Central Bank feared …

The post EUR/USD Outlook: Bulls Not Giving up amid Hawkish ECB appeared first on Forex Crunch.