Tuesday, 9 July 2019

USD Price Outlook: More Gains Possible Ahead of Fed Meeting

The Federal Reserve now looks likely to cut US interest rates by 25 basis points rather than 50bps at its July 30-31 monetary-policy meeting, and that could mean more gains for USD.


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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...