Thursday, 13 August 2020

US Dollar Forecast: USD Price Action Rangebound – Levels to Watch

USD price action is whipsawing again and keeping the broader US Dollar relatively rangebound as the DXY Index bounces back and forth between two critical technical barriers. What's next for the USD?

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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...