Tuesday, 5 November 2019

US Dollar Price Volatility Report: FOMC Rate Cut Odds Plunge

The rebound in USD price action is gaining traction following solid economic data that has caused an unwinding of front-loaded FOMC rate cut bets, but the US Dollar still faces serious headwinds.

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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...