Tuesday, 28 April 2020

EUR/USD Price Vulnerable to Central Bank and Data Induced Volatility

EUR/USD volatility is likely to jump over the next two days with the latest FOMC and ECB policy announcements, alongside Q1 GDP data which is expected to show both economies contracting sharply.

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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...