Tuesday, 20 October 2020

US Dollar Index Trades in Price Channel Ahead of US Stimulus Deadline

The US Dollar index continues to trade within the confines of a Descending Channel ahead of the deadline on US Congressional stimulus negotiations.

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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...