Tuesday, 14 March 2023

Euro Poised Amidst Market Turmoil Ahead of CPI Data and ECB. Higher EUR/USD?

The Euro has stacked on the gains as the US Dollar remains in a tailspin from the fallout of failed banks that have seen Fed hike expectation pared while the ECB looks to crimp CPI. 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...