Wednesday, 23 December 2020

USD Price Outlook: US Dollar Back on Defense as Brexit Weighs

The US Dollar gravitated lower during Wednesday's trading session on the heels of GBP/USD price action surging in response to rumors that a Brexit trade deal has been reached.

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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...