Wednesday, 14 July 2021

US Dollar May Extend Upward as Powell Reiterates Policy Pivot

The US Dollar may continue to push higher, building on gains scored after June’s sizzling CPI data, as Fed Chair Jerome Powell testifies in Congress.

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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...