Tuesday, 29 August 2023

Euro’s Downside Cushioned Ahead of Euro Area CPI, US PCE: EUR/USD, EUR/GBP Action

EUR is attempting to recover some lost ground ahead of Euro area inflation data and US core PCE price index data due Thursday. Will it last? EUR/USD and EUR/GBP price setups.

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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...