Wednesday, 12 February 2020

Euro Outlook Bearish vs USD on Powell Testimony, Fed Speak

EUR/USD may extend its decline if Fed Chairman Jerome Powell reinforces the central bank’s wait-and-see approach to policy despite concerns about the impact of the coronavirus.

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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...