EURUSD "Golden Cross" – and so what?

Review: Yesterday the Riksbank offered a surprise as it did not lower its interest rate. However, it lowered its interest rate path and pointed out that the likelihood of an interest rate cut over the winter is strong. Hence central bank governor Stefan Ingves succeeded in finding backing for maintaining the rate unchanged. If the interest-rate committee had lowered the rate, Ingves would appear in a very bad light following his statements last week. The question was whether this meeting was a

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EURUSD "Golden Cross" – and so what?

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