Friday, 20 December 2019

USD/JPY Jumps to Session Highs as the Dollar Gains on US Data

The US Dollar is rising toward intraday highs on better-than-expected data on the US economy like personal income, spending and core PCE inflation, which is crimping FOMC interest rate cut odds.

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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...