EUR/USD Traders Alert: Key Patterns and Signals to Guide Your Strategy
is settling around 1.0785, assessing the market impact of this week’s events. With Donald Trump’s return as US President, the market is recalibrating expectations around inflation and economic policies that his administration may reintroduce.
Trump’s protectionist stance could stir inflationary pressures, prompting the to maintain higher than anticipated. This potential for elevated rates is boosting the dollar’s appeal.
Yesterday, the Federal Reserve cut interest rates by 25 basis points to 4.75% in line with market predictions. The Fed’s commentary suggested no deviations from its planned rate trajectory, hinting at continued easing.
Looking ahead, another rate reduction of 25 basis points is expected at the…
