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EUR/USD Weekly Outlook

EUR/USD Weekly Outlook

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EUR/USD outlook remains bearish as traders eye PMIs this week

. The big data for the week comes on Friday, November 22, when the global flash PMIs are released. Concerns about demand have intensified in recent weeks, with Trump’s plans to impose tariffs on China and the Eurozone likely to exacerbate those fears when he comes to office.

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US Dollar Forecast: EUR/USD Opening Range in Focus Ahead of US CPI

EUR/USD trades near the monthly low (1.0683) as it gives back the advance following the Federal Reserve rate-cut.

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Euro Technical Forecast: EUR/USD Tug-of-War Continues at Resistance

The rate cut rally drove EUR/USD to fresh highs this week. But, notably, bullish pressure slowed and resistance began to hit as the pair pulled back from the 1.1200 handle.

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