EUR/USD Forex Signal: Consolidation Below $1.1000 – 08 January 2024: (EURUSD) Up By Over 1% In The Last 21 Sessions
(VIANEWS) – The US Dollar was reaching multi-month lows on an increasingly firm market expectation that the Fed will begin cutting interest rates in March 2024. The European Central Bank’s policy was seen as relatively hawkish. Technically the price had made a breakout above $1.1000 to new 4-month highs. This bullish picture has changed, as…