Thursday, 13 August 2020

US Dollar Slides Lower - GBPUSD and EURUSD Outlooks

The US dollar (DXY) is pointing lower again and is within striking distance of a fresh 27-month low, underpinning both EUR/USD and GBP/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...