Tuesday, 23 June 2020

US Dollar Outlook: DXY Index Decline Pauses on Markit PMI Data

US Dollar downside has accelerated into Tuesday’s trading session, but the broader DXY Index attempts to stabilize after better-than-expected US PMI data just released by IHS Markit.

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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...