Thursday, 4 August 2022

EUR/USD Stages Another Run at Former Support Zone Ahead of NFP Report

EUR/USD appears to be staging another attempt to test the former support zone around the May low (1.0349) as it retraces the decline from earlier 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...