Monday, 7 November 2022

EUR/USD Bounces of 50-SMA, Sustained Break Above Parity May Remain Elusive

The pair has returned to parity buoyed by continued dollar weakness. Have we already seen the YTD low?

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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...