Euro Gains Traction on Hot Eurozone Inflation, US Data in Focus
The EUR/USD currency pair surged to 1.0850 on Friday after the release of hotter-than-expected Eurozone inflation data. This unexpected rise in inflation might impact the European Central Bank’s (ECB) future rate-cut plans. Market Movers: Technical Analysis: Overall: The hotter-than-expected Eurozone inflation data has injected volatility into the EUR/USD pair. While the Euro has strengthened in […]
