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…

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EUR/USD Grinds Near 1.0800 As ECB, Fed Policymakers Defend Hawkish Moves, Eyes On US Inflation, NFP: (EURUSD) Is 1% Down In The Last 21 Sessions

(VIANEWS) – EUR/USD licks its wound at the lowest level in 13 weeks while making rounds to 1.0800 during the early hours of Monday’s Asian session. In doing so, the Euro pair justifies the cautious optimism of the policymakers at the Federal Reserve (Fed) and the European Central Bank (ECB), per the latest speeches at…

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