Thursday, 7 May 2020

EUR/USD Tracks April Range Ahead of US Non-Farm Payrolls (NFP) Report

EUR/USD appears to be reversing course ahead of the April low (1.0727) as the exchange rate snaps the series of lower highs and lows from the previous week.

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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...