EUR/USD forecast: Global PMIs and Core PCE in focus
Portfolio Pulse from
Germany's Bundesrat approved a €500 billion infrastructure spending package, marking a significant policy shift. The upcoming week will focus on global PMI data and the US Core PCE price index, which could impact the EUR/USD exchange rate. The market is anticipating potential economic stimulus effects and inflation indicators.
March 22, 2025 | 11:15 pm
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POSITIVE IMPACT
Germany's fiscal stimulus and upcoming economic data could influence the Euro's performance, potentially impacting the FXE ETF.
The significant German spending package and upcoming economic indicators suggest potential upward pressure on the Euro, which could positively impact the FXE ETF.
CONFIDENCE 75
IMPORTANCE 85
RELEVANCE 80