EUR/USD: Four reasons suggest sideways trade – Crédit Agricole EURUSD Fed ECB Eurozone Banks
The Federal Reserve's shift to a more dovish stance remains uncertain, and this ambiguity could keep the USD supported in the coming months. Until there's a clear signal from the Fed, the strength of the USD may continue.If the Fed reaches its peak, it should soon be followed by the ECB doing the same. This would cap any significant widening in the EUR/USD rate spread, limiting the potential upside for the EUR/USD pair.
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