Thursday, 16 January 2020

US Dollar May Rise on Key Data: Holiday Spending in Focus

USD may rise if retail sales data shows that the consumer - the backbone of the US economy - remains strong. However, a weaker print could inflame Fed rate cut bets and push the Greenback lower.

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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...