Thursday, 30 July 2020

EUR/GBP Outlook: EURGBP Declines after Disappointing German GDP Data

The high flying Euro weakened today after the German economy recorded the sharpest decline ever recorded. EURGBP moving towards trendline support.

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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...