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EUR/USD Overview. March 20. The Fed Clarified Its Current Position to the Market
The EUR/USD currency pair stood still
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The EUR/USD currency pair stood still for most of Thursday. However, the ECB meeting did provoke a logical growth. The most significant market movements occurred again during the American trading session, while the day before, the pair dropped following somewhat predictable yet surprising results from the Fed meeting.Recall that the latest reports on the labor market and unemployment in the US fell short of expectations. The data did not allow for concluding that the labor market had begun recovering after
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Paolo Greco,
Analytical expert of InstaForex
© 2007-2026
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