Wednesday, 12 September 2018

EUR/USD Awaits ECB While GBP/USD Faces BoE after Asian Stocks Rise

Euro and British Pound prices look to the ECB and BoE rate decisions after Asia Pacific benchmark stocks mostly rose. The bearish reversal pattern in EUR/USD seems to have fallen apart.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...