Tuesday, 9 October 2018

EURUSD Analysis: Short-Term Price Action Pressures Support

EURUSD remains weak on a toxic combination of higher Italian bond yields and a strong US dollar buoyed by tighter US monetary policy and hawkish Federal Reserve speak.

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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...