Thursday, 8 April 2021

EUR/USD Eyes 50-Day SMA as ECB Slows Pace of PEPP for Second Week

EUR/USD appears to be on track to test the 50-Day SMA (1.1973) as the ECB scales back the pace of the PEPP for the second consecutive week.

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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...