Tuesday, 12 January 2021

US Dollar May Resume Slide as Yields Turn Lower on Strong Treasury Demand

Strong demand for US 10-year Treasuries and the reiteration by several Federal Reserve members that the central bank is not looking to taper its QE program may halt the US Dollar’s recent recovery.

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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...