Friday, 16 April 2021

Euro Outlook - Conflicting Technical and Sentiment Signals Leave EUR/USD in Limbo

The single currency is struggling to break back above 1.2000 against the US dollar and a series of chart signals is muddying the outlook.

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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...