Monday, 24 July 2023

EUR/USD and EUR/JPY Trend Hinges on Fed, ECB and BoJ Outlook; Volatility Ahead

EUR/USD and EUR/JPY could experience increased volatility ahead of key events later this week, including monetary policy announcements from the Fed, the ECB and the Bank of Japan.

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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...