EURUSD Breakdown (4 March 2020)

Title : EURUSD Breakdown (March 4, 2020)

Broker : Tickmill

Description : EURUSD Daily Outlook – On Tuesday the Fed suddenly decided to cut rates in hopes of boosting the markets that have been selling off on coronavirus fears. But the ECB sees no need for a rate cut to combat the virus! Meanwhile, Bank of England’s Carney promised a powerful and timely response to the virus. Besides the media’s new favourite topic, the coronavirus, we also saw that the Euro-zone’s unemployment was adjusted at 7.4%… And the Swiss and Aussie GDPs came in better than expected.

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