Wednesday, 11 December 2019

EUR Price Outlook: Euro Eyes ECB Meeting, Lagarde After Fed

The Euro is at risk judging by EUR/USD overnight implied volatility which spiked to a 3-month high headed into the release of the latest monetary policy updates from the ECB & Fed.

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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...