Share 'EUR/USD Drops, then Recovers following Fed Inaction'
EUR/USD dropped after the Federal Reserve announcement yesterday (August 1st). The Fed held back from introducing any monetary easing measures, disappointing the markets. The pair then recovered early in the European session. The ECB will be holding an important policy meeting on Thursday, and the markets will be looking for the powerful central bank to take some concrete action. As well, the E…
You can share this blog post in two ways…
© 2013 Created by FXstreet.
