Monday, 9 May 2022

EUR/USD Forecast: Euro Looks To Re-Test April Swing Lows, U.S. CPI in Focus

Dollar remains the darling amongst major currencies with a weakening Euro now down 7.2% against the USD YTD. Spotlight now turns to U.S. CPI for further guidance.

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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...