Wednesday, 14 October 2020

EUR/USD Rebound Takes Shape Amid Failure to Test Monthly Low

EUR/USD may continue to retrace the decline from the yearly high (1.2011) as the exchange rate appears to be reversing course ahead of the monthly low (1.1696).

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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...