FTIB Forex School
On Euro (EUR)
In November, the euro rose against haven assets, lifting EURUSD to a three-month high, while other pairs struggled. Eurozone inflation fell to 2.4%, prompting speculation on an ECB rate hike. November showed signs of economic strength with improved sentiment and employment figures.
In December, the euro’s value depends on the eurozone’s economic trajectory. The ECB’s December 14th decision is crucial, with a focus on potential signals for an early 2024 rate cut.
08/12/2023
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12/12/2022
Setting moods for XAUUSD bears
12/12/2022
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