Wednesday, 10 June 2020

US Dollar Price Outlook: USD Dip on FOMC, EUR/USD Near Key Resistance

Today brought the first batch of FOMC projections since the coronavirus and corresponding market turmoil. The Fed is looking at low rates for a long time.

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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...