Thursday, 11 June 2020

US Dollar Fueled by Rising US Yields, Falling Fed Rate Cut Odds

The US Dollar (via the DXY Index) has seen losses accumulate rather quickly throughout June.

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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...