Sunday, 18 June 2023

Euro After ECB Rate Hike: EUR/USD EUR/AUD EUR/GBP Price Setups

EUR could attempt to recoup some of the recent losses against some of its peers, thanks to ECB’s hawkish hike, oversold conditions, and a spate of underwhelming Euro area macro data. What are the key levels to watch in EUR/USD, EUR/GBP, and EUR/AUD?

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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...