Wednesday, 22 June 2022

EUR/USD on Cusp of Pushing Above 50-Day SMA Following Fed Testimony

A move above the 50-Day SMA (1.0607) may lead to a further advance in EUR/USD as the testimony from Fed Chairman Powell does little to curb the advance from the monthly low (1.0359).

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

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