Wednesday, 4 August 2021

US Dollar at the Mercy of Economic Data, ADP Jobs Report in View

The US Dollar faces closely-watched economic data as the markets try to discern whether the Fed can make a case for scaling back stimulus. The ADP jobs report is next ahead.

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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...