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Euro ( EUR) Forecast – Punchy Fed Rate Hike Will Force EUR/USD Ever Lower

September 16, 2022

Via: DailyFX

Euro Area headline inflation (August) was confirmed at 9.1% today, a fresh record high. Energy prices continue to rise, along with food, alcohol and tobacco, and services. On a monthly basis, consumer prices rose by 0.6%, a fraction higher than the preliminary reading of 0.5% and a prior reading of 0.1% in July.

For all market-moving economic releases and events, see the DailyFX Calendar

Next week sees four major central banks announce their latest monetary policy decisions, with Wednesday’s FOMC release arguably the most important of them all.

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