Saturday, 9 July 2022

EUR/USD Fundamental Forecast: Parity in Reach as Headwinds Accrue

The euro came close to parity with the US dollar on Friday and looks likely to reach it. Germany records its first trade deficit in over 30 years and may have to ration gas.

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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...