Wednesday, 26 July 2023

EUR/USD Up After Fed Hike but Skating on Thin Ice, ECB Guidance Key to Outlook

The upcoming European Central Bank monetary policy announcement and guidance will play a crucial role in shaping the near-term directional bias of EUR/USD.

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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...