Thursday, 25 February 2021

Euro Forecast: EUR/USD Rate Rally Eyes January High

EUR/USD may continue to retrace the decline from the January high (1.2350) as the exchange rate breaks out of the descending channel from earlier this year.

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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...