Thursday, 12 September 2019

An Extreme EURUSD Response to ECB but a Reversal Before US Sentiment, Fed?

Despite a sharp escalation of dovish policy by the ECB, the Euro still managed a bounce that looks like a technical reversal for EURUSD. Is this a true turn before Friday’s US sentiment survey and Wednesday’s Fed decision?


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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...