Saturday, 13 March 2021

Euro Forecast: EUR/USD Well Supported as Global Central Banks Meet

Last week’s meeting of ECB monetary policymakers failed to weaken Eurozone bond yields, and any further moves higher this week would likely result in corresponding gains for EUR/USD.

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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...