Thursday, 10 January 2019

EURUSD Price Well Placed to Extend Gains

The EURUSD price seems likely to resume its advance after breaking above the 200-day moving average, with 1.16 the next target after dovish FOMC minutes that weakened USD.


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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...