Monday, 24 October 2022

Euro at Crossroads as ECB Rate Hike Looms While Crude Ponders China’s Growth Outlook

The Euro inched higher against the US Dollar in anticipation of higher European rates while China’s growth prospects have been mired by policy uncertainty. Where to for EUR/USD?

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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...