Thursday, 6 August 2020

USD Price Outlook: US Dollar in Focus with Jobs Report Due

USD price action whipsawed over the last five trading sessions; can nonfarm payrolls data on deck spark a move in the US Dollar with enough impetus to breach critical technical barriers?

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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...