Thursday, 21 January 2021

US Dollar Outlook: DXY Eyeing Yearly Lows on Biden Fiscal Stimulus Bets

Accommodative monetary policy conditions and the prospect of additional deficit spending under a Biden administration may continue to undermine the US Dollar in the coming weeks.

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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...