EUR/USD Reclaims 1.0900 As Greenback Plummets On Rising Fed Rate Cut Hopes
July 13, 2024 at 20:27 PM EDT
EUR/USD climbed into a five-week peak amid broad-market Greenback selling. US PPI inflation rose faster than expected in June, but investors pin hopes on rate cuts. ECB rate cut looms ahead next week, US Retail Sales due next Tuesday.