Wednesday, 8 March 2023

Euro Latest: Euro Area Growth Flatlines, EUR/USD Dancing to Powell’s Tune

The Euro Area recorded no growth in Q4, according to the latest Eurostat data, in line with analysts’ forecasts. EUR/USD unchanged after Tuesday’s Powell inspired heavy sell off.

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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...