EUR/USD turns negative, back below 1.0900 post-ECB By pabspiovano EURUSD ECB InterestRate Currencies Majors
ECB left its key rates unchanged, matching consensus.The buying bias in the single currency fizzled out and forcedEUR/USD now focuses on Lagarde
Moving forward, market participants will now closely follow the usual press conference by Chairwoman Lagarde and the subsequent Q&A session.So far, spot is down 0.15% at 1.0871 and the break below 1.0808 would target 1.0805 en route to 1.0766 . On the flip side, the next up barrier aligns at 1.0933 seconded by 1.1000 and finally 1.1120 .
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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