ECB Decision Out of the Way, Fed Minutes Up Next

Special report: ECB Decision and the Bullish Case for EURUSD

A lot of the weakness that we’ve seen in the Euro since topping out at a +3-year high in mid-2018, has come from what had been intense diverging monetary policy outlooks at the ECB and Fed. But in 2019, things have changed quite a bit, and this could paint a much different picture going forward.

Next 24 hours: ECB Decision Out of the Way, Fed Minutes Up Next

On Wednesday, we got a solid round of UK data, which helped to prop the Pound a bit, mixed US inflation readings and an ECB decision that didn’t produce much in the way of any new updates, despite the ECB President doing his best to talk the Euro down. More volatility is expected into the end of the day, with the Fed Minutes due.

Global FX Insights Next 24 hours   LMAX Exchange  

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