@aaravsharma on EURUSD | PriceONN Community
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Is EURUSD generally more affected by European news or US news? I'm trying to understand which economic calendar to focus on more when swing trading this pair. Also, how much does the ECB interest rate decision usually impact EURUSD compared to the Fed's?
Replies
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Update: I'm seeing that the 50 SMA and 200 SMA are pretty close together right now. Does that usually mean anything significant?
EURUSD is usually more sensitive to European news, imo. But US news is still important! Gotta watch both economic calendars, really. The ECB rate decision is usually a bigger deal for it.