Thursday, 6 February 2020

US Dollar Forecast: NFP Report & FOMC in Focus – USD Trade Levels

The US Dollar has staged an impressive rally year-to-date, but USD price action is at risk with the monthly NFP report on deck for release as it can materially sway FOMC monetary policy expectations.

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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...