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EUR/USD Biased Lower with Fed Hike, ECB QE Extension Eyed in December

Lion Asset Management Forex Outlook EUR/USD Biased Lower with Fed Hike, ECB QE Extension Eyed in December

Forex Outlook

EUR/USD Biased Lower with Fed Hike, ECB QE Extension Eyed in December

Posted By Christopher Vecchio

EUR/USD has dropped lower rather quickly as the odds of a Fed rate hike after the US Presidential elections remain high thanks to the Trump reflation trade. Prospects for ECB easing in December have dropped substantially, but that doesn’t mean tweaks to the QE program aren’t coming.

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