Wednesday, 30 October 2019

EUR/USD Eyes August-High Again as Fed Pledges to “Respond Accordingly”

EUR/USD appears to be making another attempt to test the August-high (1.1250) as the Fed Chairman Jerome Powell pledges to “respond accordingly” to the economic outlook.

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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...