Friday, 2 August 2019

Euro Outlook: EUR/USD Breakout Lacks Confirmation Unlike EUR/JPY

The EUR/USD downside breakout could use more technical confirmation as the Euro positions itself for potential gains against the Dollar while the EUR/JPY dominant downtrend resumes.


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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...