Imported headline
EUR/USD Subdued by Data: Chances of Fed Rate Hike Diminish
Source
Action Forex - https://www.actionforex.com/contributors/technical-analysis/647554-eur-usd-subdued-by-data-chances-of-fed-rate-hike-diminish/
Summary
Weaker-than-expected US inflation data led markets to scale back expectations of an imminent Federal Reserve rate hike. At the same time, escalating US-Iran tensions continue to sustain inflationary concerns.
Medium Impact
EURUSD
EUR
EU