Sunday, 2 June 2019

EURUSD Rate Consolidates Ahead of ECB Amid Failure to Test April-Low

EUR/USD fails to test the May-low (1.1107) ahead of the ECB meeting on June 6, with the exchange rate snapping the series of lower highs and lows from the previous week.


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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...