EUR/USD Outlook: Lacking Conviction Above 1.16, Eyes on FOMC, ECB

my EUR/USD price analysis forecast outlook

The euro maintains a steady position as the greenback weighed down ahead of dovish Fed cut bets.  The softer-than-expected US inflation data reignites hopes for a Fed rate cut this week.  Markets face a delay in key economic releases amid the ongoing US government shutdown.  The EUR/USD outlook holds steady at around the 1.600 level,…

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