Wednesday, 28 April 2021

US Dollar Selling Quickens as Fed Leaves Policy Path Unchanged

The US Dollar is facing another wave of selling pressure led by USD/CAD weakness and EUR/USD strength in response to yet another dovish statement from the Federal Reserve crossing wires now.

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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...