Sunday, 1 May 2022

Euro Under Pressure as US Dollar Soars Ahead of Fed Hikes. New Lows For EUR/USD?

The Euro has been caught in the crossfire of a roaring US Dollar on the back of climbing rate hike expectations from the Fed this week.

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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...