There is a growing concern in some financial institutions the European Central Bank may be forced to cut interest rates before the Federal Reserve. U.S data continues to come in stronger than anticipated. GDP numbers and inflation statistics last week in the U.S continued to show a rather stubbornly strong economy; even Consumer Sentiment numbers were higher than anticipated. While the Fed has seemingly promised a few interest rate cuts in 2024, economic data is not helping its case and doubts are being seen throughout global Forex as the USD has gotten stronger. While the EUR/USD went into the weekend touching ... (full story)