Thursday, 19 August 2021

EUR/USD Crumbles to a 9-Month Low, Breaks Below 1.1700

Hints from the FOMC that they are getting closer to tapering have sent EUR/USD tumbling through prior strong support at 1.1700.

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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...