Friday, 23 April 2021

EUR/USD Rate Outlook Mired by Failed Attempts to Test March High

The failed attempt to test the March high (1.2113) may push EUR/USD back within a descending channel as the ECB remains in no rush to switch gears.

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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...