EUR/USD Forecast: Turned Bearish In The Near-Term, Could Approach The 1.1900 Area
Share: The European Central Bank left rates unchanged, maintained a cautious outlook. Markit will release on Friday the preliminary estimates of its April PMIs. EUR/USD turned bearish in the near-term, could approach the 1.1900 area. The greenback surged in the American session, posting gains against most of its major rivals. The EUR/USD pair hit an intraday high of 1.2069 to close the day in the 1.2000 area after the European Central Bank monetary policy meeting failed to trigger some action. The ECB maintained rates unchanged as widely estimated, while President Lagarde repeated well-known ...