Wednesday, 20 March 2019

Gold, EURUSD Test Resistance as USD Goes into FOMC on Back Foot

Today's FOMC rate decision takes place amidst a backdrop of short-term USD-weakness, running in contrast to the bigger-picture theme of strength. Will Dollar bulls make a comeback?


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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...