Thursday, 9 January 2020

EUR/USD Price Forecast: Support Levels Break as New Year Sell-Off Continues

EUR/USD bears are enjoying 2020 so far with the pair down around 150bps since the short-term 1.1240 high print on December 31. Ahead Friday, US NFPs loom large.

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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...