Saturday, 17 June 2023

Euro Forecast: Bullish Breakout Signals Upward Price Trend Ahead for EUR/USD

Market skepticism over the Fed's plans to resume tightening and expectations that the ECB will have to do more in the coming months to tame inflation could push EUR/USD higher in the near term.

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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...