Saturday, 15 January 2022

Euro Forecast: EUR/USD on the Offensive, but Road Ahead Remains Tough

The Euro took the offensive against the US Dollar last week, but the road ahead for EUR/USD remains tough due to ECB and Fed monetary policy divergences.

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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...