Wednesday, 18 March 2020

EUR/USD Eyes 2020 Low Amid Limited Reaction to ECB’s Emergency Program

EUR/USD continues to approach the 2020 low (1.0778), with the exchange rate showing a limited reaction to the ECB’s Pandemic Emergency Purchase Programme (PEPP).

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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...