A deposit rate cut from 4% to 3.75% has not made the EURUSD collapse because the markets expected that move. The odds of further monetary easing by the ECB and the Fed are almost equal. How does it affect the pair? Let’s discuss it and make a trading plan.
Weekly fundamental forecast for euro
Everybody is happy. The ECB likes how April’s signal about upcoming policy easing influenced the euro area’s economy. The EURUSD bulls appreciate that the European Central Bank cut the deposit rate from 4% to 3.75% for the first time in almost years. Christine Lagarde noted that… Read full author’s opinion and review in blog of #LiteFinance
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