Friday, 20 March 2020

EUR/USD Breaks Key Level as EU Growth Outlook Darkens

Amid an aggressive selling bout, EUR/USD plunged below a crucial support level as the spread of the coronavirus continues to lower Europe’s baseline economic growth outlook.

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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...