Wednesday, 28 October 2020

EUR/USD Slumps as COVID-19 Resurgence Roils the Euro Ahead of the ECB Rate Decision

The Euro is under pressure as a fresh spike in coronavirus new cases and hospitalizations across Europe threatens a second wave of national lockdowns.

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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...