Monday, 20 April 2020

EUR/USD Rate Tracks Monthly Range Even as ECB Warns of 20% Contraction

EUR/USD may carve a more defined range even though the ECB warns of a 20% contraction amid the failed attempt to test the monthly high (1.1039).

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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...