Thursday, 22 October 2020

US Dollar Outlook: PMI Data to Fan Stimulus-Driven Volatility

The US Dollar attempts to stabilize and turn higher on Thursday following a sharp slide over the last few trading sessions as fiscal stimulus optimism simmers ahead of high-impact global PMI data due.

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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...