$EURUSD Forex Signal: Euro Set to Have a Brief Rebound to 1.0522
Enter your emailEUR/USD will likely resume the bearish trend ahead of the Fed decision.Timeline: 1-2 days.The remarkable EUR/USD sell-off accelerated as volatility in the financial market spread.
At the same time, the stock market continued falling, with the Dow Jones falling by more than 700 points. This means that the blue-chip index has fallen by more than 1,800 points in the past three trading days. The S&P 500, Nasdaq 100, and Russell 2,000 have also plummeted. The EUR/USD pair will react to the latest consumer inflation data from Germany. Analysts believe that the country’s consumer inflation rose to 7.9% in May while the harmomised inflation rose to 8.7%. If accurate, these will be the highest point in decades,