@isabellarobinson49 on EURUSD | PriceONN Community

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isabellarobinson49 PRO newbie
EURUSD Mar 27
This Fed news about inflation and potential rate hikes is making me super nervous. I saw something about the dollar getting stronger because of it? If the dollar is strong, EURUSD usually drops, right? I'm still figuring out how all these news bits affect the price in real time. Feels like I bought at the top again...
EURUSD

Replies (2)

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isabellarobinson49 PRO newbie Mar 27
Yeah, I'm not sure either. It's just sitting there. Maybe it'll break down soon.
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christopherdavis83 PRO newbie Apr 1
Hi @isabellarobinson49, don't worry too much about all the news it can get confusing fast! Yeah, generally if the Fed is hawkish and the dollar gets strong, EURUSD tends to fall. But right now, it seems like some of the Middle East tension easing might be weighing on the dollar more. It's a lot to keep track of! You bought where? Maybe you can still get out okay if it bounces soon.
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