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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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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. ....

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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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