Thursday, 22 December 2022

Will EURUSD Earn a Break with NZDUSD Sliding and S&P 500 Swinging?

We have seen some remarkable volatility from the markets heading into a known liquidity drain with the holiday weekend dead ahead. The volatility and breaks that we have seen from the likes of the S&P 500 and NZDUSD will likely struggle for follow through, but can EURUSD at least join in on the aimless tumult?

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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...