Tuesday, 27 July 2021

US Dollar Outlook: Fed Decision Due – Will it Spark Fireworks?

The US Dollar edged lower on Tuesday with EUR/USD, USD/JPY, and GBP/USD all reflecting US Dollar weakness. Will the Fed catch markets off-guard with another hawkish surprise tomorrow?

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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...