Forex: Top FX Headlines: Preview for ECB Rate Decision & Outlook for EUR-crosses: 7/20/17

– With no new staff forecasts, no rate change is expected and thus all attention is on ECB President Draghi’s press conference.
– If Draghi issues concern over Euro strength, look for profit taking: CFTC’s COT report shows traders now most net-long Euro in futures market since May 2011.



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