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April,10 - EUR/USD just took huge fall! Check out the chart!

Today is a very important day for euro. The currency has faced several reports through the day today. Main refinancing rate, monetary policy statement as well as ECB press conference took place just a few hours ago. Main refinancing rate has set short term interest rates which is a paramount factor in currency valuation process. Monetary policy statement shows traders the future of the currency. In short, press conference as well as the statement is the way for the European Central Bank to tell us about current as well as future situation in the region.

 

eurusd 10.04.2019

 

But traders didn’t seem to care for the information they got. We can clearly see that in the last 4 hours EUR/USD plummeted down which means that traders are not too happy about what they have heard in the recent reports. Now ECB needs to really think about ways they can attract traders back to the region.

 

That is the current situation. and there is no way to predict when traders are going to come back to trading EUR/USD. So stay tuned with our trading signals!

 

 

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