Wednesday, 23 February 2022

EUR/USD Rate Outlook Confined by Monthly Range Ahead of US PCE Report

EUR/USD may consolidate ahead of the update to the US Personal Consumption Expenditure (PCE) Price Index as the exchange rate appears to be confined by the February range.

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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...