Tuesday, 6 April 2021

EUR/USD to Stay Subdued as IMF Highlights US Outperformance

EUR/USD price action might continue to face headwinds with US GDP growth expected to notably outpace the Euro-area as this stands to keep downward pressure on Bund to Treasury yield differentials.

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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...