Wednesday, 18 August 2021

Euro Outlook: EUR/USD Just Holding On To 1.17 as EUR/GBP Attempts New Breakout

EUR/USD gets closer and closer to breaking below 1.17, EUR/GBP bullish run fizzles out above descending channel

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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...