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Euro Price Forecast: EUR/USD Below 1.05 After ECB’s Sintra Forum Spells Uncertainty

June 30, 2022

Via: DailyFX

The euro was hit hard yesterday during the ECB’s Sintra Forum panel discussion which included Fed Chair Jerome Powell, the BoE’s Governor Bailey, General Manager Augustin Carstens and the ECB President Christine Lagarde. While the Fed “out-hawked’ the rest but it was consensus that inflation remains key for all central banks at this point and that inducing a recession is a far lesser risk that wages spiraling out of control.

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