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EURUSD - EUR/USD Forecast: Euro struggles to gather bullish momentum, eyes on inflation data

31-05-2024 00:52

Eurostat will publish the preliminary Harmonized Index of Consumer Price (HICP) data for May on Friday. Investors expect the core HICP to rise 2.8% on a yearly basis. A reading below the market expectation could weigh on the Euro with the immediate reaction.

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Forex Seasonality – June 2024: Potential for EUR/USD and AUD/USD Rallies, USD/CAD Drop

Tomorrow’s update on US inflation for April looks set to tick lower, although the odds aren’t trivial that pricing pressure will remains sticky, according to various forecasts and ...

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