Euro Strengthens on ECB Signals. Forecast as of 13.09.2024
The European Central Bank appears to be satisfied with the current market pricing. The ECB did not signal a rate cut in October, which led to a surge in the EURUSD exchange rate. The US data provided further support. Let's discuss these topics and make a trading plan.Highlights and key points The market is uncertain what the Fed will decide in September. The ECB ruled out an October rate cut. The Fed will not scare investors, which will support the US dollar. The EURUSD pair can be sold on a reb
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