FX Watch: EUR/JPY and EUR/NZD Retracements For a Neutral ECB Statement

7 months ago 43

The ECB is widely expected to keep interest rates unchanged in their upcoming policy decision, possibly triggering a "buy the rumor, sell the news" dip. Our Event Guide for the September ECB Statement points out that a neutral statement could simply lead to quick profit-taking amid the broader euro uptrend. Can EUR/JPY and EUR/NZD stay above these areas of interest?

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