Today's EURUSD Forex Signal: Bearish View Amid ECB, Fed Divergence
Enter your emailThere is a likelihood that bears will prevail in the near term.Timeline: 1-2 days.pair declined sharply as the US Dollar Index jumped on the first trading day of the year
The performance of the pair is likely because of the potential divergence between the European Central Bank and the Federal Reserve. Analysts expect that the two central banks will move in opposite direction this year. The Fed is expected to hike interest rates three times and end its quantitative easing policy this year.
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