Tuesday, 9 June 2020

Euro Fails at Resistance as Federal Reserve Expands Lending Program

The Euro struggled to close above an important psychological barrier as the Federal Reserve expanded its Main Street Lending Program, pushing EUR/USD into overbought territory

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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...