Thursday, 13 September 2018

US Dollar Drops to Monthly Lows After CPI Disappoints, ECB Begins Taper

It's been a big morning with numerous items on the economic docket; but it's the US inflation data that's appeared to really get market participants' attention. With USD moving to fresh monthly lows, might the US Dollar down-trend be coming back to FX markets?


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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...