Tuesday, 29 December 2020

USD Price Outlook: US Dollar Volatility Eyes Year-End Flows

The US Dollar came back under pressure on Tuesday with USD price action weakening across the board of major currency pairs. This steered the DXY Index toward monthly lows, but will support hold?

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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...