Thursday, 5 January 2023

EUR/USD Forecast: False Breakdown Looks to Potential Catalysts, NFP, Inflation Data

EUR/USD is in need of a catalyst to break free from the narrow trading range. Could Friday’s NFP or the upcoming EU and US inflation data do the trick?

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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...