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EURUSD Traders Look to Friday’s NFP as ECB Reaction Falls Flat
Thursday’s European Central Bank (ECB) rate decision and press conference failed to move the needle for the EURUSD, but traders don’t have to wait long for more volatility. Watch today’s video for my thoughts on today’s post-ECB price action from the EURUSD and DXY, plus get my thoughts on Friday’s non-farm payroll (NFP). The EURUSD rallied overnight ahead of Thursday’s ECB rate decision and press conference. Unsurprisingly, those who chased the euro higher ahead of Lagarde’s comments are underwater, at least for now. But what should traders make of today’s EURUSD price action? After all, many were ... (full story)