EURUSD through the roof beyond 1.0400, or 3-month peaks – by pabspiovano EURUSD Currencies Majors
: Continuation of the ECB hiking cycle vs. increasing recession risks. Impact of the war in Ukraine and the persistent energy crunch on the region’s growth prospects and inflation outlook.So far, the pair is gaining 0.76% at 1.0405 and faces the next up barrier at 1.0417 seconded by 1.0427 and finally 1.0614 . On the other hand, a breach of 1.0026 would target 0.9935 en route to 0.9730 .Information on these pages contains forward-looking statements that involve risks and uncertainties.
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