EUR/USD Outlook: Consolidating Under 1.16 Amid Mixed EU-US Signals

The euro remains steady amid signs of resilient growth and the ECB’s policy guidance. The USD strengthens amid expectations of two additional rate cuts by year-end.   Traders await comments from FOMC members Bowman and Barr for further policy and economic directions.  The EUR/USD outlook shows the pair under pressure, maintaining a cautious market sentiment amid…
The post EUR/USD Outlook: Consolidating Under 1.16 Amid Mixed EU-US Signals appeared first on Forex Crunch.