Thursday, 26 August 2021

NZD/USD Struggles to Clear 50-Day SMA amid Hawkish Fed Guidance

Headlines coming out of the Fed Economic Symposium appear to be dragging NZD/USD as Federal Reserve officials show a greater willingness to scale back monetary support.

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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...