EURUSD pair tumbled to below $1.21 the lowest level since early December after ECB announced that could potentially cut interest rates. ECB Knot said the central bank has the necessary tools to act on Euro strength and that the common currency appreciation would take prominence for the central bank if it threatens the inflation outlook.
EURUSD fell sharply after ECB comments, however buyers managed to halt declines at the 1.2060 level. Source: xStation5This page uses cookies. Cookies are files stored in your browser and are used by most websites to help personalise your web experience. For more information see our Privacy Policy You can manage cookies by clicking "Settings". If you agree to our use of cookies, click "Accept all".