Monday, 22 February 2021

EUR/USD Outlook: US Dollar Eyes Fed Chair Powell, Stimulus

EUR/USD price action is probing month-to-date highs as US Dollar bears wrestle back control with focus on Fed Chair Powell's congressional testimony and ongoing fiscal stimulus negotiations.

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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...