EUR/USD Slides as Fed Divergence Grows Strong
EUR/USD trades at 1.1428 as a 45% Fed hike probability drives the pair lower amid central bank divergence and geopolitical risks.
EUR/USD trades at 1.1428 as a 45% Fed hike probability drives the pair lower amid central bank divergence and geopolitical risks.
Nordea warns EUR/USD could slide to 1.03 if support cracks amid a 162 basis point rate differential favoring the US dollar this year.
Money markets price 35 basis points of Fed tightening by year-end, stalling EUR/USD near 1.1400.