Tuesday, 25 February 2020

US Dollar Price Action Pulls Back - Trade or Fade: EUR/USD, USD/CAD

It's been a busy year already in the FX market as volatility has begun to rise. But with risk aversion front and center, can USD bulls drive DXY beyond 100?

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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...