The euro strengthened on upbeat Eurozone business activity data. The dollar was weak as business activity in the US fell more than expected. The core PCE price index aligned with expectations, holding at 0.3%. The EUR/USD weekly forecast leans slightly bullish as the dollar faces pressure from weakening economic indicators. Ups and downs of EUR/USD...
Several economic reports from the US pointed to a slowdown in the economy. US business activity fell in April, showing the impact of higher interest rates. Investors will focus on the FOMC meeting and the jobs report from the US. A subtle bearish trend emerges in the USD/CAD weekly forecast as the dollar relinquishes its...
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