Euro: Lower against US Dollar after PCE surprise – Danske Bank Danske Research Team notes that the United States (US) Personal Consumption Expenditures (PCE) Price Index inflation surprise triggered a hawkish market reaction, pushing US rates higher and weighing on EUR/USD. <
Euro: Lower against US Dollar after PCE surprise – Danske Bank Danske Research Team notes that the United States (US) Personal Consumption Expenditures (PCE) Price Index inflation surprise triggered a hawkish market reaction, pushing US rates higher and weighing on EUR/USD.
The pair dropped to 1.1650 as the US Dollar (USD) found support from stronger
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