EUR/USD Current price: 1.3522 View Live Chart for the EUR/USD The EUR/USD is gaining big after all 6 major central banks decided to take coordinated actions to provide liquidity by lowering dollar swaps by 50bp; in two words, this means dollar will be available cheaply which overall will benefit the European financial sector. Earlier on the day, China cut its reserve ratio by 50 bps, while better than expected US ADP report is feeding also risk appetite that’s set to extend over upcoming...
Source
