Thursday, 7 January 2021

USD Price Outlook: US Dollar Tracking Yields Higher, NFPs Eyed

The US Dollar strengthened broadly on Thursday with order being restored to Capitol Hill. USD price action could remain volatile owing to swings in Treasury yields and monthly jobs data due.

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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...