Monday, 12 October 2020

EUR/USD Clears Monthly Opening Range as ECB Shuns Euro Intervention

EUR/USD may continue to retrace the decline the yearly high (1.2011) as the exchange rate clears the monthly opening range.

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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...