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2024-06-16 10:04:51

GBP/USD Hits 2024 Lows as Traders Continue to Sell Rallies on Nostr: Euro-Zone Political Fears Weigh on Euro to Dollar Exchange Rate =============== ...

Euro-Zone Political Fears Weigh on Euro to Dollar Exchange Rate
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#15296a3b ver:0.81

Political instability in the Eurozone, particularly in France, is weighing on the Euro to Dollar exchange rate. The EUR/USD pair is struggling near a three-week low and appears vulnerable below the 100-day Simple Moving Average (SMA) of 1.0800. Traders are cautious ahead of the FOMC policy decision and the release of the latest US consumer inflation figures, which will provide further impetus for the USD. The path of least resistance for the EUR/USD pair is expected to be to the downside. #Eurozone #Euro #USD #exchange #politicalinstability...

#newstr #Euro #Dollar #ExchangeRate #Forecast #PoliticalFears #Eurozone

https://here.news/story/15296a3b?ver=0.81
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