Wednesday, 29 January 2020

US Dollar May Bloom on FOMC Outlook, Corporate Earnings

The US Dollar may rise if the Fed provides an optimistic outlook against the backdrop of strong corporate earnings and ebbing coronavirus fears. EUR/USD may re-test November-lows.

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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...