Tuesday, 18 May 2021

US Dollar Outlook: DXY Index Hammered as Treasury Yields Ebb

US Dollar bears have driven the broader DXY Index sharply lower to trade at its weakest level in 12-weeks. USD selling pressure likely follows softer Treasury yields as inflation, Fed taper fears w...

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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...