Wednesday, 29 July 2020

EUR/USD Price Eyes September 2018 High, FOMC and Eurozone Q2 GDP on The Horizon

The ongoing US dollar weakness, coupled with the EU recovery fund agreement, continues to push EUR/USD back to highs seen nearly two years ago, however major risk events near.

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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...