Friday, 20 December 2019

US Dollar Outlook: DXY Rips into Resistance – USD Levels to Watch

The US Dollar Index (DXY) faces a looming bearish death cross of its 50-day and 200-day moving averages, which could serve as a major headwind to USD price action going forward.

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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...