Monday, 27 July 2020

King Dollar Dethroned as EUR/USD Surges, DXY Hits 2-Year Low

The Greenback looks keen on surrendering its 'King Dollar' title as the DXY Index plunges to its lowest level in over two years while EUR/USD skyrockets. Have US Dollar bears taken control?

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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...