Wednesday, 19 May 2021

EUR/USD Sinks as FOMC Minutes Show Threat of Fed Tapering

EUR/USD price action is sliding sharply lower in response to the latest FOMC minutes, which detailed how some officials see taper talks starting at upcoming Fed meetings.

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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...