Monday, 12 September 2022

Euro Soars: Buoyed by Ukrainian Advance and the Mention of QT from the ECB

The euro surged higher on Monday, extending the recent bullish impetus after last weeks post-ECB low. Ukrainian counter offensive & mentions of QT support EUR for now

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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...