Wednesday, 20 May 2020

EUR/USD Outlook Bearish Ahead of FOMC Minutes, Eurozone Data

The Euro may face heightened liquidation pressure ahead of the release of key Eurozone economic data while the US Dollar may rally on coronavirus risks and the FOMC minutes.

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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...