Thursday, 27 September 2018

Fed, EU Politics Paves Way for EUR/USD Short Targeting August Low

Rising political jitters in Europe, especially in Italy, and a hawkish Fed paves the way to sell EUR/USD. An order was placed to sell the Euro at 1.6720 targeting the August lows.


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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...