Saturday, 3 July 2021

US Dollar Recovery Back at Make-or-Break Resistance – Q3 Top Trading Opportunities

Into the start of Q2 our DXY outlook concluded that, "Bottom line: looking for topside exhaustion early in the quarter to give way to larger pullback." We got it!

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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...