Monday, 10 September 2018

US Dollar Reacts at Resistance: ECB, BoE Highlight This Week

The US Dollar is putting in another failed test at the 95.53 resistance that helped to set the highs in June and July. Will USD bears be able to sustain a deeper push around this week's ECB and BoE rate decisions?

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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...