Friday, 23 July 2021

US Dollar May Rise if PMI Data Signals Recovery Losing Steam

The US Dollar may rise on the back of haven-seeking capital flows if July’s PMI data round-up disappoints, suggesting the global economic recovery is losing steam.

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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...