Tuesday, 11 February 2020

US Dollar Runs into Resistance Ahead of Powell: GBP/USD, USD/JPY

The US Dollar has been a runaway freight train so far in February. Chair Powell trots up to Capitol Hill today, will he feed the beast even more fuel?

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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...