EURUSD May Slumped-lowest forex commission

ECB And FED Run In The Opposite Direction, EURUSD May Slumped

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Powell’s speech at the IMF panel was quite hawkish, claiming that a 50-basis-point rate hike would be discussed in May, and that several Fed officials believed one or more 50bps rate hikes would be appropriate. At the same time, European Central Bank President Christine Lagarde said that the increase in energy and food prices caused by the Russian-Ukrainian war has reduced real household income, so the ECB may need to lower its growth forecast. The Fed’s hawkishness and the European Central Bank’s dovish remarks are in stark contrast, EURUSD are expected to continue its bearish trend.
Trends in EURUSD can pay attention to…
-Latest news on the Russian-Ukrainian war
4/22
-16:00 Euro zone Manufacturing PMI (initial value) (Apr)
-21:45 U.S. Markit Manufacturing PMI (Initial) (Apr)
-21:45 U.S. Markit Services PMI (Initial) (Apr)
Which will affect the trend in EURUSD. Investors must grasp the opportunity to make an order.
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