Thursday, 9 January 2020

US Dollar Charges Higher as GBP/USD Tests Key Support Zone

The US Dollar is continuing to claw back December losses following an ascending triangle breakout. GBP/USD is testing a key zone of chart support.

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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...