Wednesday, 22 January 2020

EUR/USD January Opening Range Casts Bearish Outlook with ECB on Hold

The opening range for 2020 raises the scope for a further decline in EUR/USD as the correction from last year failed to produce a test of the August high (1.1250).

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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...