Thursday, 30 April 2020

EUR/USD Breakout Following ECB Meeting Brings April High on the Radar

EUR/USD may continue to retrace the decline from the April high (1.1039) as the exchange rate breaks out of a narrow range following the ECB meeting.

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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...