Thursday, 6 February 2020

Euro Slide vs USD May Continue Ahead of German Factory Orders

The Euro may continue to fall against the US Dollar if German factory orders data echoes the same weakness seen in yesterday’s retail sales statistics and amplifies EUR/USD losses.

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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...