EUR/USD and EUR/JPY Break Down Key Supports after ECB Cuts Rate

ECB cuts the benchmark rate by 25bps to 0.25%, a new record low. This was not a complete surprise as the market rumors about LTRO and rate cut already pressured the EUR last week. This week EUR/USD and EUR/JPY have been consolidating (but no significant bullish correction). The post ECB reaction was…

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EUR/USD and EUR/JPY Break Down Key Supports after ECB Cuts Rate

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