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EUR/USD gains ground above 1 0650 ahead of Eurozone PMI data

EUR/USD gains ground above 1 0650 ahead of Eurozone PMI data
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US Dollar softer with Fed s Goolsbee and Bostic being split on the path forward

The US Dollar (USD) is retreating a touch on Monday ahead of the US session in a rather calm week ahead,  with many trading desks and markets across the globe closed on Good Friday. Traders will likely continue to speculate on whether

EUR/USD Forecast: Decent support emerged around 1 0800

In quite a bearish start to the week, the Greenback saw its recent upside momentum run out of some steam, prompting the USD Index (DXY) to recede to the low 104.00s despite the move higher in US yields across different time frames.

Fed s Bostic foresees rate cuts in Q3, sets high bar for earlier action

Atlanta Fed Raphael Bostic said overnight that he now projects Fed to begin cutting interest rates in the third quarter of this year, a shift in timing from his previous expectation of the fourth quarter.

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