Wednesday, 13 May 2020

Euro Latest: EUR/USD Could Break Lower, Powell Speech in Focus

EUR/USD is in danger of breaking below trendline support as the markets wait for a 1300 GMT speech on current economic conditions by US Federal Reserve Chair Jay Powell.

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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...