The euro continues to bounce around overall, as short-term traders continue to push and pull this market overall. Remember, this is a market that often will continue to look at the big figures for directionality,

The EUR/USD weekly forecast is bullish as the dollar falls after a softer-than-expected US inflation report. The euro had a bullish week where the dollar ended lower amid an increase in Fed rate cut expectations. At the same time, there was relief as the cloud of political uncertainty in France lifted after the last round of elections.

The euro US dollar is trading mostly flat as markets await the publication of the latest consumer confidence index from the Eurozone.

The EUR/USD weekly forecast is bullish as Fed policymakers gain confidence inflation will reach the target, weakening the dollar.