Saturday, 14 March 2020

Euro Forecast: Outlook for EUR/USD Turns Bearish

Last week’s failure by the ECB to cut Eurozone interest rates as most traders and analysts had expected has led to a steep drop in EUR/USD and turned the outlook from positive to negative.

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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...