Thursday, 4 February 2021

Currency Volatility - US Dollar Gains, EUR/USD Cracks, USD/JPY Breakout

Currency volatility remains subdued, USD grinds higher, Euro breaks 1.20 and USD/JPY eyes 200DMA

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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...