Thursday, 13 February 2020

Euro Price Outlook - EUR/USD, EUR/GBP Slumps Continue Unchecked

The single currency continues to weaken with EUR/USD and EUR/GBP hitting new multi-month lows. Tomorrow’s German and Euro-Zone GDP prints are now key to the Euro’s short-term direction.

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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...