Friday, 4 August 2023

Euro Price Outlook: EURUSD on Breakout Watch, EURGBP Range Continues

European fundamental data has not helped spur on the currency despite encouraging GDP print. ECB looking to reach peak rates no longer supports the currency

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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...