Thursday, 3 June 2021

EUR/USD Rate Reserves Ahead of May High with NFP Report on Tap

EUR/USD appears to have reversed course ahead of the May high (1.2266) as the exchange rate extends the series of lower highs and lows from the monthly high (1.2254).

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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...