Thursday, 30 March 2023

EUR/USD Confronts Trendline Resistance, Threatens Breakout After Hot German CPI

EUR/USD rallies and threatens to break above a key technical resistance after hotter-than-expected German inflation data boosts European bond yields

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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...