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EUR/USD Price at Risk of Decline Below 1.034 amid Fed/ECB Divergence

Started by forex4you, May 18, 2022, 06:18 am

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EUR/USD Price at Risk of Decline Below 1.034 amid Fed/ECB Divergence

EUR/USD gains seem capped amid deteriorated risk sentiment.  Several ECB related events may impact the Euro exchange rate today.  Technically, a break above the 1.0470 mark may trigger a bullish trend reversal.  The EUR/USD price remains positive as the pair soars above the 1.0400 mark with a 0.22% gain at 1.0433 at the time of … Continued


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