The US dollar (USD) is biding time ahead of next week’s FOMC monetary policy decision where it is expected that Chair Jerome Powell will indicate that interest rate cuts are coming with the July meeting the most likely starting point.
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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...
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Gold managed to trade higher on Tuesday, maintaining its bullish run ahead of key US growth and PCE inflation data. Subdued gold volatility ...
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