Friday, 3 May 2019

EURUSD Brushes Off Positive Eurozone Inflation Ahead of Nonfarm Payrolls

EURUSD continues its downtrend despite positive Eurozone inflation figures as traders' eye for nonfarm payrolls to consolidate a direction. Higher inflation figures are common during the Easter month causing a seasonality effect.


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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...