Monday, 24 February 2020

USD Forecast: US Dollar Drops on Fed Cuts, Consumer Confidence Eyed

Consumer confidence data due for release during Tuesday's trading session could weigh materially on Fed rate cut bets and thus the US Dollar as coronavirus concerns mount.

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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...