Sunday, July 24, 2016

Pressure Back on EUR/USD as Market Sees Looser ECB, Tighter Fed

Pressure Back on EUR/USD as Market Sees Looser ECB, Tighter Fed


Pressure Back on EUR/USD as Market Sees Looser ECB, Tighter Fed

Posted: 23 Jul 2016 07:30 PM PDT

Rates markets are starting to shift in favor of another ECB rate cut by the end of the year, while pricing for a Fed rate hike has jumped forward more than six months over the past two weeks. This all adds up to an environment tilting more bearish for EUR/USD in the short-term.

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