Thursday, 2 January 2020

US Dollar Price Outlook: USD Testing Uptrend Support into 2020 Open

A drop of more than 3.3% puts the US Dollar at multi-year uptrend support into the January open. Here are the levels that matter on the DXY weekly technical chart.

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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...