Thursday, 27 February 2020

Euro Soars to Next Breakout Point as Dollar Sinks on Fed Easing Bets

The Euro soared in its best day in over 2 years with EUR/USD on the verge of a key bullish breakout. The US Dollar sank as coronavirus fears further juiced aggressive dovish Fed bets.

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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...