Monday, 7 August 2023

EUR/USD Price Forecast: Euro on Offer as German Industrial Production Contracts

The euro begins the week on the backfoot after the US dollar recovers and German industrial production misses forecasts.

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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...