Wednesday, 6 November 2019

US Dollar Forecast: DXY Index Hits Critical Resistance - Levels for USD/JPY

The US Dollar has been trading sideways for a few weeks, but there is growing evidence that traders are becoming less concerned about the Federal Reserve’s interest rate cut cycle.

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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...