Thursday, 15 July 2021

US Dollar Faces Day Two of Powell Testimony. Will It Hold Up?

The US Dollar was notably resilient despite what the markets saw as dovish rhetoric from Fed Chair Jerome Powell. Will it stand up to another day of testimony?

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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...