Tuesday, 18 February 2020

US Dollar Bulls Continue to Push; EUR/USD Finds Fibonacci Support

US data has been good but expectations remain for the FOMC to cut in 2020; yet the US Dollar continues to march higher as EUR/USD breaks down.

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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...