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EUR/USD rebounds as Fed rate cut bets strengthen after PCE

EUR/USD rebounds as Fed rate cut bets strengthen after PCE

EUR/USD recovers on Friday as traders’ confidence rises that the Federal Reserve (Fed) will reduce interest rates after the release of the latest inflation report in the United States (US). At the time of writing, the pair trades at 1.1697, up 0.27%…

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Eurozone CFTC EUR NC Net Positions fell from previous €117.8K to €114.3K

Eurozone CFTC EUR NC Net Positions fell from previous €117.8K to €114.3K

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