Saturday, 13 February 2021

Euro Forecast: EUR/USD Outlook Improves as US Dollar Slides

Last week’s benign US inflation data and bearish comments from the Federal Reserve’s Jerome Powell have undermined the US Dollar and improved the prospects for EUR/USD accordingly.

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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...