EUR/USD Holds Below 1.31 and Falls on ECB Rate Cut Expectation

Whipsaw session, growth forecast and ECB expectation: The 4/25 session has become a very whippy one. After initially breaking above a falling wedge, it found resistance at 1.31. The USD strengthened after positive jobs report, but the EUR also fell when Goldman Sachs revised forecast from -0.5% to …

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EUR/USD Holds Below 1.31 and Falls on ECB Rate Cut Expectation