Friday, 11 June 2021

Muted Reaction to US CPI Puts Further Bearish Pressure on USD/CNH

The US Dollar fails to bounce higher after stronger than expected US CPI, causing USD/CNH to fall further

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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...