Saturday, 14 November 2020

US Dollar Forecast: Covid Cases, Retail Sales May Keep DXY, Yen and Franc Afloat

The US Dollar gained this past week. Covid-induced safe-haven bids on the Yen and Franc look to keep the DXY Index trading near its current 93 handle.

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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...