Saturday, 11 May 2019

USD Torn Between S&P 500 Outlook, Dovish Fed as US Dollar Ranges

The US Dollar is facing competing fundamental forces as DXY eyes potential congestion. While USD may gain on US auto tariff fears, European data and US retail sales could be a risk.


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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...