EUR/USD moves higher amid risk-on mood ahead of Trump’s inauguration

EUR/USD moves higher amid risk-on mood ahead of Trump's inauguration

EUR/USD recovers to near 1.0320 as the risk mode is on, with investors focusing on Trump’s inauguration. The Fed is expected to keep interest rates at their current levels by the May policy meeting. ECB’s Stournaras warns that higher tariffs by the US could drag Eurozone inflation below the central bank’s target.

submitted by /u/Demblin
[link] [comments]

Make a post in our subreddit XGramatikInsights, and your thoughts will appear here!

Share the Post: