Monday, 8 May 2023

EUR/USD Price Forecast: Euro Bulls Fight Exhaustion Below the 1.1100 Level

EURUSD holds above the psychological 1.1000 mark as bulls appear exhausted. Will 1.1100 remain out of reach as US CPI lies Ahead?

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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...