Saturday, 10 August 2019

Weekly Euro Forecast: Rising ECB Rate Cut Odds Can’t Hold Down the Euro

The Euro has benefited as concerns around a no deal, “hard Brexit” and the US-China trade war have swirled, providing plenty of fuel for gains by EURGBP and EURUSD, respectively.


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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...